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    Question

    Rohit purchased a mobile phone for Rs. 18,500 and sold it

    for Rs. 21,465. Find the percentage of profit he made.
    A 20% Correct Answer Incorrect Answer
    B 18% Correct Answer Incorrect Answer
    C 11% Correct Answer Incorrect Answer
    D 16% Correct Answer Incorrect Answer

    Solution

    ATQ,

    Percentage of profit earned = [(21,465 - 18,500) ├╖ 18,500] X 100 = 16%

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