Question : 40% of the cost price of an article is equal to 25% of its selling price. What is the profit percentage?
Option 1: 150%
Option 2: 120%
Option 3: 50%
Option 4: 60%
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Correct Answer: 60%
Solution : Given: 40% of the cost price (CP) of an article is equal to 25% of its selling price (SP). 40% of CP = 25% of SP ⇒ CP : SP = 25 : 40 = 5 : 8 Now let CP = 5 units and SP = 8 units So, Profit percentage = $\frac{\text{Selling price – Cost price}}{\text{Cost price}}×100=(\frac{8-5}{5})×100 = 60\%$ Hence, the correct answer is 60%.
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Question : 40 percent of the cost price of an article is equal to 24 percent of its selling price. What is the profit percentage?
Option 1: 60 percent
Option 2: 50 percent
Option 3: 66.66 percent
Option 4: 52.5 percent
Question : If the cost price of an article is 80 percent of its selling price, then what is the profit percentage?
Option 1: 50%
Option 2: 33.33%
Option 3: 25%
Option 4: 30%
Question : 40 percent of the selling price of a fan is equal to $\frac4{5}$ of the cost price of the fan. What is the profit percentage?
Option 1: 150 percent
Option 2: 125 percent
Option 3: 100 percent
Option 4: 120 percent
Question : Venus marked an article at 60% above its cost price, She sold it at a profit of 20%. Find the discount percentage offered in the article.
Option 1: 40%
Option 2: 15%
Option 4: 75%
Question : The profit obtained on selling an article for Rs. 600 is equal to the loss incurred on selling the same article for Rs. 400. If the selling price is Rs. 750, then what is the profit percentage?
Option 1: 80%
Option 2: 50%
Option 3: 70%
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