Question : If the cost price is 95% of the selling price, what is the profit percentage?
Option 1: 4%
Option 2: 4.75%
Option 3: 5%
Option 4: 5.26%
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Correct Answer: 5.26%
Solution : Given: The cost price is 95% of the selling price. The formula of Profit % is: Profit % = $\frac{\text{selling price – cost price}}{\text{cost price}}$ × 100% CP = 95% of SP ⇒ CP = $\frac{95}{100}$SP ⇒ SP : CP = 20 : 19 Let, SP – CP = 20 – 19 = 1 unit. Profit % = $\frac{1}{19}$ × 100 = 5.26% (approx) Hence, the correct answer is 5.26%.
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Question : The ratio of the selling price to the cost price of a computer is 7 : 5. What is the profit percentage?
Option 1: 60%
Option 2: 10%
Option 3: 40%
Option 4: 20%
Question : If 2 times of selling price is equal to 3 times of cost price, then what is the profit percentage?
Option 1: 4 percent
Option 2: 40 percent
Option 3: 25 percent
Option 4: 50 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 : The difference between the cost price and the selling price is Rs. 341. If the profit percentage is 22 percent, then what is the selling price?
Option 1: Rs. 1972
Option 2: Rs. 1752
Option 3: Rs. 1891
Option 4: Rs. 1830
Question : The difference between the cost price and the selling price is INR 143. If the profit percentage is 26%, then what is the selling price?
Option 1: INR 603
Option 2: INR 676
Option 3: INR 693
Option 4: INR 713
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