Exams › SSC CGL (Prelims) › Maths
The cost price of an item is ₹250. It is sold for ₹300. What is the profit percentage?
- 10%
- 20%
- 25%
- 15%
Correct answer: 20%
Solution
Profit = Selling Price - Cost Price = 300 - 250 = 50. Profit percentage = \(\frac{50}{250} \times 100 = 20\%\).
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