Mohit's profit on an article equals 25% of its cost price. His profit expressed as a percent of the selling price is:

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Accepted Answer

20. Take CP = 100. Profit = 25, so SP = 125. Profit as a percent of SP = (25/125) × 100 = 20%. (The base changes from 100 to 125 — that is why it is not 25%.)

Mohit's profit on an article equals 25% of its cost price. His profit expressed as a percent of the selling price is:

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