Quantitative Aptitude • Percentage, Profit & LossEasy
A store owner buys a school bag for ₹850 and sells it for ₹1,275. What is the profit percentage?
A. 33.33%
B. 100%
C. 50%✓ Correct Answer
D. 55%
💡 Solution & Explanation
Profit = selling price − cost price = ₹1,275 − ₹850 = ₹425. Profit % = (profit ÷ cost price) × 100 = (425 ÷ 850) × 100 = 50%. The percentage is always on the cost price unless the question says otherwise; on the selling price it would be 33.33%.
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