ExamPrepWay
Learn + Solve: Shortcut, Trap & Fast Route Click to view shortcut, steps, and common mistake
Solve this faster with the right shortcut first
- Identify CP and SP.
- Find profit/loss amount.
- Use CP as base for percentage if asked.
Correct Answer: B
Correct Answer: B
Method / Topic: Profit and Loss
Profit or loss percentage is calculated on cost price.
Short Explanation
Detailed Explanation
Correct Answer: B
Method / Topic: Profit and Loss
<table cellspacing="0" style="border-collapse:collapse; height:20px; width:85px">
<tbody>
<tr>
<td style="border-bottom:none; border-left:none; border-right:none; border-top:none; height:20px; vertical-align:top; white-space:normal; width:85px"><span style="color:#000000">Total selling price=25×96=Rs. 2400. Profit=Rs. 400, so profit percentage=400/2000×100=20%.</span></td>
</tr>
</tbody>
</table>
See full explanation + shortcut trick
Compare the quick idea with the premium step-by-step explanation and faster solving trick for this pattern.
Learn + Solve: Shortcut, Trap & Fast Route Click to view shortcut, steps, and common mistake
Shortcut used, common trap, and the fastest solving route
- Identify CP and SP.
- Find profit/loss amount.
- Use CP as base for percentage if asked.
A trader buys 25 articles for Rs. 2000 and sells each article for Rs. 96. What is the profit percentage?
Explanation
Correct Answer: B
Method / Topic: Profit and Loss
Profit or loss percentage is calculated on cost price.
Short Explanation
Detailed Explanation
Correct Answer: B
Method / Topic: Profit and Loss
<table cellspacing="0" style="border-collapse:collapse; height:20px; width:85px">
<tbody>
<tr>
<td style="border-bottom:none; border-left:none; border-right:none; border-top:none; height:20px; vertical-align:top; white-space:normal; width:85px"><span style="color:#000000">Total selling price=25×96=Rs. 2400. Profit=Rs. 400, so profit percentage=400/2000×100=20%.</span></td>
</tr>
</tbody>
</table>
See full explanation + shortcut trick
Use the free answer check first, then unlock the complete breakdown, shortcut path, and richer explanations for similar questions.
Keep Practicing This Pattern
Recommended Next Practice
Use these suggestions after solving the practice questions above.