Multiple choice

If C.P is Rs. 1750, S.P is Rs. 1925 then the profit percent is

  1. $9\frac{1}{10}$
  2. 10

  3. 25

  4. 110

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

Profit = SP - CP = 1925 - 1750 = 175. Profit percent = (Profit / CP) * 100 = (175 / 1750) * 100 = 10%.

AI explanation

Using the profit calculation formula, profit equals selling price minus cost price, which is 1925 minus 1750, giving a profit of Rs. 175. The profit percent formula is (profit divided by cost price) multiplied by 100, resulting in (175 divided by 1750) multiplied by 100. This simplifies to 0.1 multiplied by 100, yielding a profit percent of 10.