Sandeep buys a piece of land and 2 years
later, sells it for Rs. 75,000. If he makes a
profit of Rs. 9,500 on the transaction, what
is his profit percentage?
A. 14.50% B. 12.65%
C.16.25% D. 18.75%
Answers
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1
Answer:
let's see cp be x
SP = 75000 profit=SP - x
9500 = 75000 - x
xi=75000 - 9500
x =65500
profit percent =profit /CP ×100
= 9500 /65500 ×100
=14.5%
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