Question 58

Kaushik bought a toy for ₹ 160 and sold it for ₹ 180. The rate of profit was ......%

Solution

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The correct option is A.

%profit= $$\frac{profit}{C.P.}$$ $$\times$$100 

        = $$\frac{180-160}{160}$$ $$\times$$100

        = 12.5%

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