If the cost price is 92% of the selling price, then the percentage profit is:

Correct option is C

Given: 

Cost price is 92 %

Selling price is 100% 

Formula Used:

Profit = Selling price - Cost price 

Solution: 

100%-92% = 8% 

= $$\frac{8}{92}\times 100$$% ​

= $$\frac2{23}\times$$100%

= $$\frac{200\%}{23}$$ 

= 8.70% 

Option (c)