If the cost price is 86% of the selling price, then what is the profit percent?
Choose the correct choice from the following answers:
A) 5%
B) 11%
C) 16%
D) 21%
E) 19%
Let S.P. = $100   C.P. = $86   Profit = $14   Profit% = 14/86 * 100 = 25/6 = 16% approximately   Answer is 16%
<result>C</result>
If the cost price is 86% of the selling price, then what is the profit percent?