Question

    X purchased a laptop for Rs. 27,800 and later sold it

    for Rs. 31,692. What is the percentage of profit he made on this transaction?
    A 14% Correct Answer Incorrect Answer
    B 10% Correct Answer Incorrect Answer
    C 18% Correct Answer Incorrect Answer
    D 24% Correct Answer Incorrect Answer

    Solution

    ATQ,
    Percentage of profit earned
    = [(31,692 - 27,800) ÷ 27,800] X 100
    = 14%

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