Multiple choice

If SP of an article is $\displaystyle\frac{5}{4}$ of its CP then the profit percentage in the transaction is :

  1. $10$
  2. $20$
  3. $30$
  4. $25$
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D Correct answer
Explanation

SP = 5/4 CP. Profit = SP - CP = 1/4 CP. Profit % = (Profit/CP) * 100 = (1/4) * 100 = 25%.

AI explanation

Using the profit percentage formula, Profit Percentage = ((Selling Price - Cost Price) / Cost Price) * 100, and assuming the cost price is 4, the selling price becomes 5. The profit is 5 - 4 = 1, so the percentage is ((1) / 4) * 100 = 25%. The profit percentage is 25.

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