Multiple choice

Sudhir buys a box of candies for Rs. 20 and sells it for Rs. 30. Find his percentage profit.

  1. 10%

  2. 20%

  3. 25%

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

Profit = SP - CP = 30 - 20 = 10. Profit % = (Profit / CP) * 100 = (10 / 20) * 100 = 50%.

AI explanation

Using the percentage profit formula, we calculate profit as selling price minus cost price, which gives 30 minus 20 equals Rs. 10. Applying the values to the formula, percentage profit equals profit divided by cost price multiplied by 100, resulting in 10 divided by 20 multiplied by 100. This calculation equals 50%. The result is 50%.

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