Practicing Success
Prem purchased an old printer for ₹3,200 and spent ₹600 on its repair. He sold it for ₹4,280. His profit percent is closest to : (correct upto two decimal places) |
16.92% 12.63% 15.78% 18.45% |
12.63% |
The cost price of the printer = 3200 Repair cost = 600 Total cost price of the printer = 3200 + 600 = 3800 The selling price of the printer = 4280 Profit% = (4280 - 3800) × \(\frac{100}{3800}\) = 12.63% |