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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) ÷ 18,500] × 100

    = (2,775 ÷ 18,500) × 100

    = 15%

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