Arithmetichard · Past Paper
If the profit is equal to 25% of the selling price, what is the profit percentage on cost price?
A33.33%
B20%
C25%
D40%
✓ Correct Answer: A — 33.33%
Profit = SP/4. CP = SP - SP/4 = 3SP/4. % = (SP/4 / 3SP/4) * 100 = 100/3 = 33.33%.
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