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A man buys a book for ₹200 and sells it for ₹250. What is his profit percentage?
Question

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

A.

25%

B.

18%

C.

20%

D.

11%

Correct option is A

Given:

- Cost Price (C.P.) = ₹200
- Selling Price (S.P.) = ₹250

Formula Used:

- Profit Percentage = ProfitCost Price×100\frac{\text{Profit}}{\text{Cost Price}} \times 100
- Profit = Selling PriceCost Price\text{Selling Price} - \text{Cost Price}

Solution:

1. Calculate the profit:
Profit=S.P.C.P.=250200=50\text{Profit} = \text{S.P.} - \text{C.P.} = 250 - 200 = 50

2. Calculate the profit percentage:
Profit Percentage=ProfitC.P.×100=50200×100=25%\text{Profit Percentage} = \frac{\text{Profit}}{\text{C.P.}} \times 100 = \frac{50}{200} \times 100 = 25\%

Final Answer:

The profit percentage is **25%**.

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