MP Board · Class 7 · Mathematics · Comparing QuantitiesAn article was bought for Rs 400 and sold for Rs 500. Find the profit percentage.
Step-by-Step Solution
Cost Price (CP) = Rs 400, Selling Price (SP) = Rs 500. Profit = SP - CP = 500 - 400 = Rs 100. Profit % = (Profit / CP) × 100 = (100 / 400) × 100 = 25%.
Detailed Options Breakdown
Option : 20%
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Comparing Quantities.
Option 1: 25% (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 2: 30%
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Comparing Quantities.
Option 3: 50%
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Comparing Quantities.
💡 Study Guide: This question tests core syllabus concepts from Comparing Quantities. For formulas, key summaries, and mock exam reference guides, read the full Comparing Quantities Revision Notes.