aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
Multiple choice

If there is a profit of 20% on the cost price, the percentage of profit on the sale price is

  1. $\(16\frac{2}{3}\%\)$
  2. 12%

  3. $\(15\frac{1}{3}\%\)$
  4. 16%

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let CP = 100. Profit is 20% of CP = 20, so SP = 120. Profit percentage on SP = (Profit/SP) × 100 = (20/120) × 100 = 16.67%, which equals 16 2/3%. Option A is correct.

Keep practicing — related questions

  • If the cost price of 15 articles be equal to selling price of 20 articles, what is the loss or profit perce...
  • The marked price of an article is 20% higher than the cost price. A discount of 20% is given on the marked ...
  • A shopkeeper earns a profit of 20% on selling a book at 5% discount on printed price. Find the ratio of the...
  • The percentage profit earned by selling an article for Rs. 3220 is equal to the percentage loss incurred by...
  • The ratio of the cost price and the selling price is 4 : 5. The profit or loss percentage is
  • Rohit bought $20$ soaps and $12$ toothpaste . He marked up the soaps by $15$% on the cost price of each and...
  • If selling price of 15 pens is equal to cost price of 18 pens, what is the % of profit?
  • The percentage profit earned by selling an article for Rs. 1920, is equal to the percentage loss incurred b...

Practice this chapter

  • Profit, Loss and Discount (2604 questions)
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy