Multiple choice

Suresh bought a sofa set for Rs. 12,600 and sold it for Rs. 13,200. What is his profit percent?

  1. 2.26%

  2. 2.56%

  3. 4.54%

  4. 4.76%
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Profit = 13200 - 12600 = 600. Profit percent = (600 / 12600) * 100 = 4.76%.

AI explanation

The profit is calculated as 13200 - 12600, which equals Rs. 600. Using the profit percentage formula, Profit % = (Profit / Cost Price) * 100, we get (600 / 12600) * 100. This simplifies to 4.76%, so his profit percent is 4.76%.

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