Question

45. If a TV was bought for 37,500 and sold for 310,000, what is the percentage profit on the TV ? 1. (a) 33.33% (b) 25% (c) 20% (d) 34.33%​

Answer 1

Answer:

CP=1500

Repair=375

TotalCP=1500+375

=1875

SP=2500

As SP> Total CP

So profit

Profit%=

CP

Profit

×100

=

1875

2800−1875

×100

=

1575

625

×100

=

3

100

=33

3

1

%