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      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) Γ· 27,800] X 100
      = 14%

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