Question

By selling 20 cakes, a shopkeeper earns selling price of 4 cakes. Determine the profit percentage.

• A. 10%
• B. 25%
• C. 20%
• D. 4%

Answer 1

Answer:

B. 25%

Let the selling price of one cake = ₹1

Then,
Selling price of 20 cakes = ₹20

Given: Profit = selling price of 4 cakes = ₹4

So,
Cost price of 20 cakes = SP − Profit = 20 − 4 = ₹16

Now,

$\text{Profit \%} = \frac{\text{Profit}}{\text{Cost Price}} \times 100$
$= \frac{4}{16} \times 100 = 25\%$

Answer: 25%