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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) Γ· 24,200] Γ— 100

      = (3,630 Γ· 24,200) Γ— 100

      = 15%

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