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C.P.= Rs.16000, S.P.= Rs.18500, x% $= \frac{x}{100}$ , Profit % =?

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25%

\frac{1}{4} %

\frac{1}{8}

\frac{5}{8}

answer is D.

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Detailed Solution

Given as follows,
C.P.= Rs.16000
S.P.= Rs.18500

∵

Profit = SP – CP

\Rightarrow

Profit = 18,500-16,000.

\Rightarrow

Profit=Rs.2,500
We know that,
Profit % =

\frac{Profit}{C . P .} \times 100

\Rightarrow Profit % = \frac{2500}{16000}

×100
Therefore, profit % =

\frac{250}{16}

\Rightarrow Profit % = \frac{125}{8}

\Rightarrow

Profit % = 15

\frac{5}{8}

%
Hence, the correct option is 4.

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