Q. If the selling price is double the cost price, what is the profit percentage?
✅ Correct Answer: (D)
100%
Explanation: If SP = 2CP, profit = CP; Profit% = (CP/CP) × 100 = 100%
Explanation by: Krishna Sharma
If SP = 2CP, profit = CP; Profit% = (CP/CP) × 100 = 100%