Profit and Loss | Arithmetic aptitude | Discussion Page

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%

Option C

Profit = Rs. $(2602.58-2090.42)$ = Rs. $512.16$ .

Profit% $=\left(\frac{512.16}{2090.42}\times 100\right)$ %

$=\left(\frac{512160}{209042}\times 10\right)$ %

$=24.5$ % $\approx25$ %

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