Multiple choice

Namrataben bought 20 sarees at the cost of Rs 200 per saree. She got Rs 5000 on selling of these sarees. Then how much percentage profit or loss does she make?

  1. 25% profit

  2. 25% loss

  3. 15% profit

  4. 20% profit
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Total cost = 20 * 200 = 4000. Selling price = 5000. Profit = 5000 - 4000 = 1000. Profit percentage = (1000 / 4000) * 100 = 25%.

AI explanation

The total cost price is 20 multiplied by 200, which equals Rs 4000. Using the profit percentage formula, Profit Percentage equals (Profit divided by Cost Price) multiplied by 100. The profit is 5000 minus 4000 equals Rs 1000, so the calculation is (1000 divided by 4000) multiplied by 100, resulting in a 25% profit.

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