Question : The selling price of a plate is 140% of its cost price. What will be the profit percentage?
Option 1: 35%
Option 2: 28.57%
Option 3: 40%
Option 4: 25%
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Correct Answer: 40%
Solution : Given: The selling price = 140% of cost price $\therefore$ $\frac{\text{selling price}}{\text{cost price}}=\frac{140}{100}$ Let the selling price and the cost price be $140x$ and $100x$ respectively. So, the profit percentage = $\frac{\text{selling price - cost price}}{\text{cost price}}\times100$ = $\frac{140-100}{100}\times100$ = 40% Hence, the correct answer is 40%.
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Question : The ratio of the cost price and the selling price is 5 : 3. What is the loss percentage?
Option 2: 40%
Option 3: 25%
Option 4: 30%
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%
Question : An article is sold for Rs. 4,800 at a profit of 20%. If the selling price is increased by Rs. 600, then what will be the profit percentage?
Option 1: 40%
Option 2: 25%
Option 3: 30%
Option 4: 35%
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%
Question : There is a profit of 10% when an item is sold at $\frac{5}{6}$ of its actual selling price. What will be the profit percentage on the cost price when the item is sold at its actual selling price?
Option 1: 28%
Option 2: 32%
Option 3: 26%
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