WBCS.LIVE practice question

A shopkeeper buys a book for Rs 200 and sells it for Rs 250. What is his profit percentage?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. 20 %
  2. 15 %
  3. 30 %
  4. 25 %

Correct answer and explanation

Correct answer: 25 %

Explanation: ✅ Correct Answer: D) 25 % 📚 Explanation: The original cost price of the book is Rs 200, and the final selling price is Rs 250. The absolute financial profit is calculated as the selling price minus the cost price, which is Rs 50. To find the profit percentage, divide the absolute profit by the cost price and multiply by 100. This is (50 ÷ 200) × 100, which perfectly equals 25%.