Q. Raj earns a profit of ₹240 on a cost price of ₹1600. What is the profit percentage?

  • (A) 12%
  • (B) 14%
  • (C) 15%
  • (D) 16%
✅ Correct Answer: (C) 15%
Explanation: Profit% = (240 / 1600) × 100 = 15%.
Explanation by: Yami Thakur
Profit% = (240 / 1600) × 100 = 15%.

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