If the cost price is 94% of sp then what is the profit % Choose the correct choice:
A) 5.07%
B) 6%
C) 5.7%
D) 6.50%
E) 6.25%
Sol. sp=Rs100 : then cp=Rs 94:profit =Rs 6.   Profit={(6/94)*100}%=6.25%   Answer is 6.25%.
<result>E</result>
If the cost price is 94% of sp then what is the profit %