Arithmeticmedium · Past Paper
If the profit on an article is 1/5 of its selling price, find the profit percentage on the cost price.
A20%
B25%
C15%
D30%
✓ Correct Answer: B — 25%
Profit = SP/5, so CP = SP - SP/5 = 4SP/5. Profit % = (Profit/CP) * 100 = (SP/5 / 4SP/5) * 100 = 25%.
Share this question
More from Arithmetic
- In a bag, there are coins of 25p, 10p, and 5p in the ratio 1:2:3. If the total value is Rs 30, how many 5p coins are there?
- If CP of 15 items is equal to SP of 20 items, find the loss %.
- Calculate the VAT amount on an item sold for Rs. 5,000 if the VAT rate is 13%.
- If the profit on selling an item for Rs. 425 is the same as the loss on selling it for Rs. 355, find the CP.
- A fan is sold for Rs. 1050 at a loss of 12.5%. Find its CP.