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60% of the cost price of a glass is 25% of its selling price. What is the profit percentage?
120%
180%
95%
140%
- Let's denote the cost price of the glass as CP and the selling price as SP.
- According to the problem, 60% of CP is equal to 25% of SP.
- Mathematically, this is: 0.6 * CP = 0.25 * SP
- Solving this equation, SP = 2.4 * CP.
- The profit is SP - CP, which is 2.4 * CP - CP = 1.4 * CP.
- The profit percentage is (Profit/CP) * 100 = (1.4 * CP / CP) * 100 = 140%.
- Option 4: 140% is the correct answer.
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