A Navy canteen buys water bottles at Rs 75 each and sells them at Rs 90. The profit percent on cost price is:
Q1. A Navy canteen buys water bottles at Rs 75 each and sells them at Rs 90. The profit percent on cost price is:
Answer: 20%
Explanation: Profit is Rs 15 on a cost of Rs 75. Profit percent equals fifteen divided by seventy-five times one hundred, which is twenty percent.