ABC26GN2523 · Percentage
Subject: General Aptitude · Chapter: Percentage · Exam: 2016 · Marks: · Difficulty:
A wrist watch of cost price ₹ 1250 was sold by Sharel for ₹ 1500. What was the profit percent?
(a)21\%
(b)24\%
(c)25\%
(d)20\%
Answer
Explanation
Cost price of wrist watch $=₹ 1250$ Sale price of wrist watch $=₹ 1500$ Profit percent $$\begin{aligned} & =\left(\frac{1500-1250}{1250}\right) \times 100 \\ & =\frac{250}{1250} \times 100 \\ & =\frac{25000}{1250}=20 \% \end{aligned}$$
Explanation as extracted from the printed page; notation may be imperfect.
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