What percent of selling price would be 34% of cost price if gross profit is 26% of the selling price?  Choose the correct answer.
A) 17.16  B) 74.0  C) 25.16  D) 88.4  E) None of these
Let the selling price of the article be 100.   ∴ Profit = 26   ∴ 25.16ost price of the article = 100 – 26 = 74   ∴ Reqd.% = 34×74/100=25.16%   Answer 25.16
<result>C</result>
What percent of selling price would be 34% of cost price if gross profit is 26% of the selling price?