Multiple choice

If the profit made by Ayush is one-fifth of the SP, then find the actual profit percentage.

  1. 20%

  2. 15%

  3. 50%

  4. 25%

  5. 32%
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

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

AI explanation

Given the profit is one-fifth of the selling price, assume the selling price is Rs. 5, making the profit Rs. 1. The cost price becomes 5 minus 1, which is Rs. 4. Using the profit percentage formula, (Profit divided by Cost Price) multiplied by 100 yields (1 divided by 4) multiplied by 100, resulting in a 25% profit.

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