Practicing Success
By selling a car for ₹6,32,500, a showroom owner makes a profit of 15%. If he sold the car at ₹8,10,000, then what would be the profit percentage (correct to one decimal place)? |
47.3% 44.8% 41.5% 51.4% |
47.3% |
Selling price of the car = 6,32,500 Profit % = 15% Cost price = 6,32,500 × \(\frac{100}{115}\) = 550000 If he sold the car = 8,10,000 Then profit = 8,10,000 - 550000 = 260000 Profit% = 260000 × \(\frac{100}{550000 }\) = 47.3% |