A person buy a shirt in 470 and sold in 540 find the approximate profit percentage?
- 12%
- 15%
- 13%
- None of these
Explanation
Profit = Selling Price - Cost Price
= 540 - 470
= 70
Profit Percentage = (Profit ÷ Cost Price) × 100
= (70 ÷ 470) × 100
= 15 (14.89%)
Related MCQs
- 60%
- 56.8%
- 70%
- 72%
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