CMAT 2022 Solved Question Paper

Question : 4 of 100

Marks: +1, -0

If the cost price is

80 \%

of the selling price, then what is the profit in percentage?

Solution:

Given, cost price is

80 \%

of selling price

\C.\P = 0.8 \S.\P

Profit =

{\S.\P - \C.\P}/{\C.\P} × 100

{\S.\P-0.8\S.\P}/{0.8\S.\P} × 100

0.2/0.8 × 100

25 \%

Answer is option B

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