The cost price of a toy is Rs. 2500 and its sale price is Rs. 2700. Find the profit percentage?
- 10%
- 8%
- 8.5%
- None of these
Explanation
To find the profit percentage:
Profit = Sale Price - Cost Price
= 2700 - 2500
= 200
Profit Percentage = (Profit / Cost Price) × 100
= (200 / 2500) × 100
= 8%
Related MCQs
- 60%
- 56.8%
- 70%
- 72%
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