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    Question

    A person purchased a bicycle for Rs. 12,300 and later

    sold it for Rs. 14,760. Find the percentage of profit gained.
    A 15% Correct Answer Incorrect Answer
    B 20% Correct Answer Incorrect Answer
    C 18% Correct Answer Incorrect Answer
    D 24% Correct Answer Incorrect Answer

    Solution

    ATQ,

    Percentage of profit earned

    = [(14,760 - 12,300) ├╖ 12,300] ├Ч 100

    = 20%

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