1) The ratio of the cost price and the selling price is 4 : 5. The profit percent is : A) 10% B) 20% C) 25% D) 30% E) 40% Answer: Option CExplanation:Let C.P = Rs. $4x$, S.P = Rs. $5x$. Gain = Rs. $(5x-4x)$ = Rs. $x$. $\therefore$ Gain% $=\left(\frac{x}{4x}\times 100\right)$% $=25$%