Question

15. On selling an item at Rs. 315, the
profit earned is Rs. 65. Percent profit
is :
(A) 30%
(B)
27.5%
(C) 26%
(D) Nearly 20.6%​

Answer 1

Step-by-step explanation:

S.P. = ₹315

Profit = ₹65

C.P. = S.P. - Profit

= ₹315 - ₹65

= ₹250

Profit percent = Profit/C.P. × 100%

= ₹65/₹250 × 100%

= 26%

So, the answer is option C i.e. 26%

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