Question

By selling an article for $96 a profit of $16 was made on the cost price. The profit as a percentage of the cost price is

(a)16% (b)17% (c)20% (d)25%​

Answer 1

Answer:

answer is b with 17%

Step-by-step explanation:

convert the percents given to decimals then multiply it with 96$, whichever one gets 16$ is your answer. 0.17 x 96 = 16.32, round it equals to 16$