Multiple choice

A person sells $320$ mangoes at the cost price of $400$ mangoes. What is his profit per cent?

  1. $10\%$
  2. $15\%$
  3. $20\%$
  4. $25\%$
Reveal answer Fill a bubble to check yourself
D Correct answer
AI explanation

Let the cost price of one mango be 1, making the cost price of 400 mangoes equal to 400. The person sells 320 mangoes for 400, so the selling price is 400 and the cost price of 320 mangoes is 320. The profit is calculated as 400 minus 320, which equals 80. The profit percentage is 80 divided by 320 multiplied by 100, resulting in a profit of 25 percent. The answer is 25 percent.

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