Meenal purchased a car for Rs 2, 50, 000 and sold it for Rs 3, 48, 000. What is the per cent profit she made on the car?
A) 40
B) 39.2
C) 38.4
D) 38
E) None of these
Answers
Answered by
2
39.2
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Answered by
0
Answer:
Answer is option b - 39.2
Step-by-step explanation:
According to question,
Cost price of car = Rs 2,50,000
Selling price of car = Rs 3,48,000
Profit = Selling price - Cost price
= 3,48,000 - 2,50,000
= 98,000
We know,
Profit Percentage = ( Profit / Cost price ) * 100
= ( 98,000 / 2, 50,000 ) * 100
= 39.2 %
Hence,
Answer is option b - 39.2
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