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      Question

      A shopkeeper buys an article for Rs 480 and sells it for

      Rs 564. Find his profit percent.
      A 11.5% Correct Answer Incorrect Answer
      B 17.5% Correct Answer Incorrect Answer
      C 27.5% Correct Answer Incorrect Answer
      D 29.5% Correct Answer Incorrect Answer

      Solution

      Cost Price (CP) = 480 Selling Price (SP) = 564 Profit = SP − CP = 564 − 480 = 84 Profit% = (Profit / CP) × 100 = (84 / 480) × 100 = (84 × 100) / 480 = 8400 / 480 = 17.5% Answer: 17.5% profit.

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