Question : A store sells a watch for a profit of 25% of its cost price. Then, the percentage of profit against the selling price is:
Option 1: 22%
Option 2: 20%
Option 3: 18%
Option 4: 15%
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Correct Answer: 20%
Solution :
Let the cost price (CP) of the watch be 100.
The selling price (SP) at a profit of 25% = 125
So, profit = 125 – 100 = 25
When the profit percentage is calculated on SP,
Profit % = $\frac{\text{Profit}}{\text{SP}} × 100 = \frac{25}{125} × 100 = 20\%$
Hence, the correct answer is 20%.
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