Question
Riya purchased a mobile phone for Rs. 18,500 and sold it
for Rs. 21,275. What is the profit percentage she gained?Solution
ATQ,
% of profit earned = [(21,275 - 18,500) Ă· 18,500] Ă— 100
= (2,775 Ă· 18,500) Ă— 100
= 15%
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