A vendor buys pens at 5 for ₹40 and sells them at 4 for ₹40. What is his profit percent?
A. 30%
B. 25%
C. 20%
D. 15%
A. 30%
B. 25%
C. 20%
D. 15%
Best answer
Answer: B. 25%
Answer: (B) 25%
CP of one pen = ₹8, SP of one pen = ₹10. Profit% = \(\frac{2}{8} \times 100 = 25\%\).
Shortcut: same money, so profit% = (5 − 4)/4 × 100 = 25%.
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