Multiple choice

An article is purchased for Rs. 7,500 and sold for Rs. 9,375. What is the profit percentage?

  1. 20%

  2. 18%

  3. 25%

  4. 27%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Profit = 9375 - 7500 = 1875. Profit percentage = (1875 / 7500) * 100 = 25%.

AI explanation

The profit is found by subtracting the cost price from the selling price, which is Rs. 9,375 minus Rs. 7,500, equaling Rs. 1,875. Using the profit percentage formula, we calculate (1875 / 7500) multiplied by 100. This simplifies to 25%, giving the profit percentage.

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