Multiple choice

If the selling price of 320 Web Cameras is equal to the cost price of 400 Web Cameras, then the percentage profit is:

  1. 12%

  2. 20%

  3. 40%

  4. 25%
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

320 * SP = 400 * CP. SP/CP = 400/320 = 40/32 = 5/4. Profit percentage = ((SP - CP) / CP) * 100 = ((5 - 4) / 4) * 100 = 25%.

AI explanation

Let the cost price of one web camera be 1 rupee, making the total cost price of 400 web cameras 400 rupees. Since the selling price of 320 web cameras equals this cost price, the selling price of one web camera is 400 divided by 320, which is 1.25 rupees. The profit per web camera is 1.25 minus 1.00, equaling 0.25 rupees. Using the profit percentage formula of (Profit divided by Cost Price) times 100, the calculation is (0.25 divided by 1) times 100, resulting in a 25 percent profit.

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