How to solve CMAT 2022 Question 4?

This question can be solved by applying the core concept explained in the solution above, followed by step-by-step calculation and elimination of options.

Which concept is tested in this question?

This question tests fundamental concepts commonly asked in CMAT exams.

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CMAT 2022 Question 4

This is a detailed step-by-step solution for CMAT 2022 Question 4. Understand the concept, common mistakes, and expert tips to solve similar questions in CMAT exam.

CMAT 2022

Given, cost price is 80% of selling price
C.P = 0.8 S.P
Profit = (S.P. - C.P.)/C.P. x 100
= (S.P. - 0.8S.P.) 0.8 S.P. x 100
= 0.2 / 0.8 x 100
= 25%
Answer is option B

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