Cost Price and Selling Price Profit
CMAT 2022 · Quantitative Techniques & Data Interpretation · Easy · Profit and Loss
If the cost price is 80% of the selling price, then what is the profit in percentage?
- A.
20%
- B.
25%
- C.
16%
- D.
22.5%
Answer
B
Explanation
Let Selling Price (SP) = . Then Cost Price (CP) . Profit . Profit percentage .
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