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    Question

    Kavita purchased a microwave oven for Rs. 24,200 and

    managed to sell it for Rs. 27,830. Determine her percentage profit.
    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 = [(27,830 - 24,200) ÷ 24,200] × 100

    = (3,630 ÷ 24,200) × 100

    = 15%

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