When an electric iron is sold for Rs 2500, the profit is 22%. What will be profit, when it is sold for Rs 2800?
- 25%
- 30%
- 35%
- 40%
- 45%
Explanation
When an electric iron is sold for Rs 2500, the profit is 22%.
2500X22/100
=550
=2500-550 = 1950
What will be the profit, when it is sold for Rs 2800?
1950-2800= 850
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