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      Question

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

      for Rs. 21,275. What is the profit percentage she gained?
      A 8% Correct Answer Incorrect Answer
      B 12% Correct Answer Incorrect Answer
      C 15% Correct Answer Incorrect Answer
      D 21% Correct Answer Incorrect Answer

      Solution

      ATQ,
      % of profit earned = [(21,275 - 18,500) Γ· 18,500] Γ— 100

      = (2,775 Γ· 18,500) Γ— 100

      = 15%

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