Multiple choice

A shopkeeper sold an article and got Rs. 300 as profit. What is profit percent? (I) Selling price of the article is Rs. 1200. (II) He gave 25% discount which is Rs. 400, on marked price. (III) Cost price of the article is Rs. 900.

  1. Only II

  2. Any One

  3. Only I

  4. Only III

  5. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Profit% = (Profit/CP) × 100. Profit = Rs. 300 is given. Statement I: SP = 1200, so CP = 1200 - 300 = 900, profit% = 300/900. Statement II: 25% discount = Rs. 400 means MP = 1600, SP = 1200, giving CP = 900. Statement III directly gives CP = 900. Each statement alone is sufficient to calculate profit percentage.

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