If the cost price of an article is 80% of its selling price, the profit percent is :
If the cost price of an article is 80% of its selling price, the profit percent is :
[A]20%
[B]23%
[C]24%
[D]25%
25%
S.P=Rs. 100
C.P=Rs. 80
∴Gain = Rs. 20
∴Gain Percent = $latex \frac{20}{80}\times 100 = 25&s=1$%
Hence option [D] is correct.