Q. A shopkeeper buys an item for ₹800 and sells it for ₹960. What is the profit percentage?
✅ Correct Answer: (C)
20%
Explanation: Profit = 960 − 800 = 160; Profit% = (160/800) × 100 = 20%.
Explanation by: Mr. Dubey
Profit = 960 − 800 = 160; Profit% = (160/800) × 100 = 20%.