The selling price of a plate is 140 of its cost price What will be the profit percentage ........

Quantitative Aptitude (MTS) Profit and loss

The selling price of a plate is 140% of its cost price . What will be the profit percentage?

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SSC MTS 20th July 2022 Shift-2

35%

28.57%

40%

25%

- The selling price of the plate is 140% of the cost price. This means the selling price is 1.4 times the cost price.

- Profit is calculated as the difference between selling price and cost price.

- To find the profit percentage, divide the profit by the cost price and multiply by 100.

- If the cost price is considered as 100 units, the selling price would be 140 units.

- Profit is 140 - 100 = 40 units.

- Profit percentage = (Profit / Cost Price) * 100 = (40/100) * 100 = 40%.

Option 3: 40%

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