1) A shopkeeper sold an article for Rs. 2090.42. Approximately, what will be the percentage profit if he sold that article for Rs. 2602.58 ? A) 15% B) 20% C) 25% D) 30% E) 40% Answer: Option CExplanation:Profit = Rs. $(2602.58-2090.42)$ = Rs.$512.16$. Profit% $=\left(\frac{512.16}{2090.42}\times 100\right)$% $=\left(\frac{512160}{209042}\times 10\right)$% $=24.5$% $\approx25$%
