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      Question

      Vikram bought a refrigerator for Rs. 32,000 and sold it at

      Rs. 36,800. Calculate the percentage of profit made.
      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 = [(36,800 - 32,000) ├╖ 32,000] ├Ч 100

      = (4,800 ├╖ 32,000) ├Ч 100

      = 15%

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