A helmet is sold for ₹1,650 at a profit of 10%. If the selling price is ₹2,100, then what will be the profit percentage?
Answer & explanation
Correct answer: option 3
First SP of the helmet = 1650
Profit% = 10%
CP of the helmet = 1650 × \(\frac{100}{110}\) = 1500
Second SP = 2100
Profit (New) = 2100 - 1500 = 600
Profit% (New) = 600 × \(\frac{100}{1500}\) = 40%