Multiple choice What will be profit percent,if selling price is 1.5 times of cost price? 50% 45% 58% 75% None of these Reveal answer Fill a bubble to check yourself A Correct answer Explanation If selling price is 1.5 times cost price, then profit = SP - CP = 1.5CP - CP = 0.5CP. Profit percentage = (Profit/CP) × 100 = (0.5CP/CP) × 100 = 50%.