Multiple choice

If cost price is 35% of the selling price, what is the profit margin in percentage?

  1. 187.51

  2. 183.35

  3. 185.71

  4. 181.75
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C Correct answer
AI explanation

Assume the selling price is Rs. 100, which makes the cost price 35% of Rs. 100, or Rs. 35. The profit formula is Profit equals Selling Price minus Cost Price, giving a profit of 100 - 35, which equals Rs. 65. To find the profit margin percentage, calculate Profit divided by Cost Price multiplied by 100, giving 65 / 35 * 100, which equals 185.71%.

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