Multiple choice

If cost price of an article is Rs. 10 and its selling price is Rs. 15/- then profit % is

  1. 5

  2. 10

  3. 20

  4. 50
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Profit = Selling Price - Cost Price = 15 - 10 = 5. Profit % = (Profit / Cost Price) * 100 = (5 / 10) * 100 = 50%.

AI explanation

Using the formula for profit percentage, Profit Percent = (Profit / Cost Price) x 100. The profit is 15 - 10 = 5. Therefore, the profit percent is (5 / 10) x 100, which equals 50.

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