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Question : If the Cost price is 25% of selling price then the profit percentage is .
Solution :
Let selling price (SP) be Rs 100.
Then, the cost price (CP)
Therefore,
- SP = Rs 100
- CP = Rs 25
Since, SP is greater than CP, so there is a profit .
Profit = SP-CP
=Rs (100-25)
= Rs 75
Hence, profit% = 300%(Option A)
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