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The cost price of a toy car is 80% of its selling price. If the selling price is ₹100, what is the profit percentage?
Question

The cost price of a toy car is 80% of its selling price. If the selling price is ₹100, what is the profit percentage?

A.

100%

B.

80%

C.

25%

D.

20%

Correct option is C

Given:
Selling Price (SP) = ₹100
Cost Price (CP) = 80% of SP
Formula Used:
Profit = SP - CP
Profit Percentage = ProfitCP\frac{Profit}{CP}​ × 100
Solution:
Calculate the Cost Price:
CP = 80100 \frac{80}{100}​ × 100 = 80
Calculate the Profit:
Profit = 100 - 80 = 20
Calculate the Profit Percentage:
Profit Percentage = 2080\frac{20}{80}​ × 100

Profit Percentage = 14\frac{1}{4}​ × 100

Profit Percentage = 25
Final Answer
So the correct answer is (c)

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