Question

The cost price: selling price of an article is a : b. If b is 200% of a, then the percentage of profit on
cost price is
(a) 75% (b) 125%
(c) 100%
(d) 200% (e) 300%​

Answer 1

Answer:

Let CP = a

and SP = b

According to question,

b= 200% of a

b= 2a

thus, profit % =( b-a)*100/a

=( 2a-a)*100/a

= 100%