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Ali bought motorcycle for 60000 and sold it for rupees 66000 his percentage profit is?
  1. 10 percent
  2. 12 percent
  3. 14 percent
  4. 16 percent
Explanation

Given:
Cost Price (CP) = Rs. 60,000
Selling Price (SP) = Rs. 66,000

Profit (P):


Profit %:

Profit %=(PCP)×100=(6,00060,000)×100=10%text{Profit %} = left( frac{P}{CP} right) times 100 = left( frac{6,000}{60,000} right) times 100 = 10%

Conclusion:
Ali’s profit percentage is 10%. ✅

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