A shopkeeper buys an article for Rs. 400 and sells it for Rs. 500. What is his profit percentage?
A20%
B22.5%
C25%
D30%
Explanation
Profit = 500 – 400 = Rs. 100. Profit % = (100 / 400) * 100 = 25%.
Exam Relevance
- Topic: Arithmetic & Percentages
- Subtopic: Profit & Loss
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