If the cost price is 99% of selling price then what is the profit percentage.  Choices:
A) 1 B) 1.11 C) 1.01 D) 1.1 E) 1.21
selling price=Rs100 : then cost price=Rs 99:profit =Rs 1.   Profit={(1/99)*100}%=1.01%   Answer is 1.01.
<result>C</result>
If the cost price is 99% of selling price then what is the profit percentage.