Multiple choice

An item is bought for Rs. 100 and sold for Rs. 120. What is the profit percentage?(a) 10%(b) 15%(c) 20%(d) 25%(e) 30%

  1. A

  2. C

  3. B

  4. D

  5. E
Reveal answer Fill a bubble to check yourself
B Correct answer
AI explanation

Using the profit percentage formula, the profit is 120 minus 100, which equals 20. The profit percentage is calculated as 20 divided by 100 multiplied by 100, resulting in 20%. Therefore, the correct choice is 20%.

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