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1. By what percentage above the cost price ,a fan should be sold if a shopkeeper wants to make a profit of Tk. 500 and the marked price of the article is TK. 6000 which is 50% above the cost price ?
- A. 25.0%
- B. 25.0%
- C. 25.0%
- D. 25.0%
Answer: Option B
Explanation:
Solution: ATQ, 150% = 6000
∴100% = (6000/150)/100
= 4000 (Cost Price)
Profit Percentage = (500/4000)×100 = 12.5%.
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