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Get access to the detailed solutions to the previous years questions asked in CMAT exam.
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