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When an electric iron is sold for Rs 2500, the profit is 22%. What will be profit, when it is sold for Rs 2800?
  1. 25%
  2. 30%
  3. 35%
  4. 40%
  5. 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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