Cost price of an article is ₹1440 and

CUET Preparation Today

Start Free Mocks

Home Questions 4ENHGCYQ9E

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Cost price of an article is ₹1440 and its selling price is ₹1800. What is the profit percentage?

Options:

15%

25%

20%

12.5%

Correct Answer:

25%

Explanation:

Cost price = 1440

Selling price = 1800

Profit = 1800 - 1440 = 360

Profit% = 360 × \(\frac{100}{1440}\) = 25%