Question : A mobile phone is sold at a profit of 80%. The nominal profit is approximately what percentage of the selling price of the mobile phone?
Option 1: 33.33%
Option 2: 28.56%
Option 3: 44.44%
Option 4: 36.66%
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Correct Answer: 44.44%
Solution : Given, A mobile phone is sold at a profit of 80%. We know, Selling price = $\frac{100+\text{profit percentage}}{100}$ × cost price Let the cost price of the phone be Rs. 100 The selling price at a profit of 80% is Rs. 180 Profit with respect to the selling price = $\frac{180-100}{180}\times100$ = 44.44% Hence, the correct answer is 44.44%.
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Question : The ratio of the selling price to the cost price is 8 : 11. What is the loss percentage?
Option 2: 27.27%
Option 3: 26.66%
Option 4: 28.56%
Question : There is a profit of 10% when an item is sold at $\frac{5}{6}$ of its actual selling price. What will be the profit percentage on the cost price when the item is sold at its actual selling price?
Option 1: 28%
Option 2: 32%
Option 3: 26%
Option 4: 30%
Question : If the cost price of an article is 80 percent of its selling price, then what is the profit percentage?
Option 1: 50%
Option 2: 33.33%
Option 3: 25%
Question : A helmet is sold for INR 1,650 at a profit of 10%. If the selling price is INR 2,100, then what will be the profit percentage?
Option 1: 30%
Option 2: 25%
Option 3: 40%
Option 4: 60%
Question : A man earns a profit of 45% by selling a bike for a certain price. If he sells that bike at double the price, then what will be the profit percentage?
Option 1: 80%
Option 2: 180%
Option 3: 90%
Option 4: 190%
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