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An article is sold for Rs. 2000 with profit of 25%. What would have been the percentage of profit, if it was sold for Rs. 1800?

Solution

✅ Correct Option: 3

Cost price =2000÷1.25=1600= 2000 \div 1.25 = 1600. At a selling price of 1800 the profit is 1800−1600=2001800 - 1600 = 200. Profit percent =(200/1600)×100=12.5%= (200/1600) \times 100 = 12.5\%.

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