Renu buys a register for Rs.95 and sold it for Rs.123.5. Find the profit percent.

Renu buys a register for Rs.95 and sold it for Rs.123.5. Find the profit percent.

A 30%

B 25%

C 22.5%

D 15%

E None of these

Solution

Correct Answer: Option A

S.P of resister = Rs.123.5

C.P of resister = Rs.95

Profit = S.P – C.P

= 123.5 – 95

= 28.5

Profit % = \(\frac{{Profit}}{{C.P}} \times 100\)

= (28.5/95) × 100

= 30%