Assertion and Reasoning - Profit Percentage — task. Maths CBSE Live product, Class 8 (2026-27).

Assertion (A): If the Cost Price is \(₹\) 300 and the Selling Price is \(₹\) 820, the shopkeeper makes a profit of 173\(\%\).

Reason (R): Profit percentage is calculated using the formula

\(\text{Profit Percentage} =\) \(\frac{\text{Selling Price} - \text{Cost Price}} {\text{Cost Price}} \times 100\)

Choose the correct option:

Assertion (A) is false, but Reason (R) is true
Assertion (A) is true, but Reason (R) is false
Both assertion (A) and reason (R) are true, but (R) is not the correct explanation of (A)
Both assertion (A) and reason (R) are true, and (R) is the correct explanation of (A)

Previous task

Exit to the topic

Next task

Send feedback

Did you find an error?

Send it to us!

3. Assertion and Reasoning - Profit Percentage

Question: