If a car is sold for Rs. 50000 the profit is 17 percent, what would be profit percentage if sold for Rs. 47000?
- 9.98%
- 14.85%
- 16.85%
- None of these
Explanation
CP = 50,000 / 1.17 = 42,735Profit = 47,000 - 42,735 = 4,265
Profit % = (4,265 / 42,735) × 100 ≈ 9.98%
Last verified on 03-04-2026
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