Correct option is A
Given:
Gain of selling price of 40 pens by selling 200 pens
Formula Used:
Profit = SP - CP
Profit percentage =
Solution:
Here let the selling price of one pen be ₹1
Then selling price of 200 pen = ₹200
Profit = selling price of 40 pens = ₹40
Cost Price = SP - Profit = 200 - 40 = 160
Profit percentage =