Question
Kavita purchased a microwave oven for Rs. 24,200 and
managed to sell it for Rs. 27,830. Determine her percentage profit.Solution
ATQ,
% of profit earned = [(27,830 - 24,200) ÷ 24,200] × 100
= (3,630 ÷ 24,200) × 100
= 15%
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