1. A cricket bat was purchased for Rs 800 and was sold for Rs 1,600. Then profit earned is:
(a) 100% (b) 64% (c) 50% (d) 60%
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Answer:
answer is (a) 100 %
purchase value - 800
sold value - 1600
profit - 1600 - 800
= 800
change into percentage
800× 100 ÷ 800
= 100 %
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