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    Question

    A shopkeeper purchased a refrigerator for Rs. 40,000 and

    sold it at Rs. 47,200. Find the profit percent earned.
    A 30% Correct Answer Incorrect Answer
    B 25% Correct Answer Incorrect Answer
    C 18% Correct Answer Incorrect Answer
    D 36% Correct Answer Incorrect Answer

    Solution

    ATQ,

    Gain = 47200 - 40000 = Rs. 7,200

    So, gain percentage = (7200 / 40000) Ă— 100 = 18%

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