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Sticky Note
If a car is sold for Rs. 50000 the profit is 17 percent, what would be profit percentage if sold for Rs. 47000?
  1. 9.98%
  2. 14.85%
  3. 16.85%
  4. None of these
Explanation
CP = 50,000 / 1.17 = 42,735
Profit = 47,000 - 42,735 = 4,265
Profit % = (4,265 / 42,735) × 100 ≈ 9.98%

Last verified on 03-04-2026

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