Rajesh bought a piece of land for ₹ 75,000 in the year 2013. He intends to sell it after five years as the expected price then will be about ₹ 3,75,000 . What percentage of profit will Rajesh earn if he sells it for the same price as expected ?
A)300%
B)400%
C)200%
D)150%
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Answer:
c) 200 % is the answer.
Explanation:
Percentage can be calculated by dividing the value by the total value, and then multiplying the result by 100. The formula used to calculate percentage is: (value/total value)×100%.
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