Bhavana sells her goods at 15% Profit on selling price. Find her actual Profit Percentage..
Answer & explanation
Correct answer: option 2
15% = \(\frac{3(Profit)}{20(SP)}\)
CP = 17
Actual Profit % = \(\frac{3}{17}\) × 100 = 17\(\frac{11}{17}\)%
Bhavana sells her goods at 15% Profit on selling price. Find her actual Profit Percentage..
Correct answer: option 2
15% = \(\frac{3(Profit)}{20(SP)}\)
CP = 17
Actual Profit % = \(\frac{3}{17}\) × 100 = 17\(\frac{11}{17}\)%