Multiple choice

If the cost price is $25\%$ of selling price, then find the profit percent.

  1. $150$
  2. $200$
  3. $250$
  4. $300$
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

CP = 0.25 * SP. Profit = SP - CP = SP - 0.25 * SP = 0.75 * SP. Profit % = (Profit / CP) * 100 = (0.75 * SP / 0.25 * SP) * 100 = 3 * 100 = 300%.

AI explanation

Let the selling price be 100, which makes the cost price 25 percent of 100, equaling 25. Using the profit percentage formula, profit percent equals ((selling price minus cost price) divided by cost price) multiplied by 100. Substituting the values gives ((100 minus 25) divided by 25) multiplied by 100, which equals 300 percent.

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