A scooter was bought for ₹30000 and a repair charge of ₹3000 was incurred. It was sold for ₹39600. What was the profit percentage?
Answer & explanation
Correct answer: option 2
The cost price of the scooter = 30000
Repair cost = 3000
Total cost price = 30000 + 3000 = 33000
Selling price = 39600
Profit = 39600 - 33000 = 6600
Profit % = 6600 × \(\frac{100}{33000}\) = 20%