A trader buys an article for Rs. 1205 and sells it for Rs. 1687. Find the profit percentage.
- A. 40% ✓
- B. 43%
- C. 47%
- D. 48%
Correct answer
A. 40%
Explanation
Profit = 482. Profit% = (482/1205) x 100 = 40.0%.
A. 40%
Profit = 482. Profit% = (482/1205) x 100 = 40.0%.