Multiple choice

A pair of shoe bought for Rs $250$ and sold for Rs $325$. Find profit or loss percent

  1. $10$%
  2. $40$%
  3. $30$%
  4. $50$%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Profit = 325 - 250 = 75. Profit percent = (75 / 250) * 100 = (3/10) * 100 = 30%.

AI explanation

First, find the profit by subtracting the cost price from the selling price, which is 325 - 250 = 75 rupees. Using the profit percent formula (Profit / Cost Price) x 100, we substitute the values to get (75 / 250) x 100. This calculation yields 30, so the profit percent is 30%.

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