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    Question

    Vikram bought a refrigerator for Rs. 32,000 and sold it at

    Rs. 36,800. Calculate the percentage of profit made.
    A 8% Correct Answer Incorrect Answer
    B 12% Correct Answer Incorrect Answer
    C 15% Correct Answer Incorrect Answer
    D 21% Correct Answer Incorrect Answer

    Solution

    ATQ,
    % of profit earned = [(36,800 - 32,000) ÷ 32,000] × 100

    = (4,800 ÷ 32,000) × 100

    = 15%

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