What is the actual profit when the profit on selling price is 25%?
If profit is 25 percent of the selling price, then taking the selling price as 100 the profit is 25 and the cost is 75. Profit as a percentage of cost is…
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What is the actual profit when the profit on selling price is 25%?
Answer and explanation
Correct answer A
If profit is 25 percent of the selling price, then taking the selling price as 100 the profit is 25 and the cost is 75. Profit as a percentage of cost is .
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