Question

If the cost price of an article is ₹ 200 and selling price of the same article is ₹ 225. Find the profit %.
1. 15%
2. 12.5%
3. 25%
4. 16%

Answer 1

Correct Answer - Option 2 : 12.5%

Given:

Cost price of an article = Rs. 200

Selling price of an article = Rs. 225

Formula used:

Profit = Selling price – Cost price

Profit% = profit/cost price × 100

Calculation:

Profit = 225 – 200

⇒ Profit = Rs. 25

Profit% = 25/200 × 100

⇒ 12.5%

∴ The profit% is 12.5%