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    A woman buys an item for Rs. 950 and sells it for Rs. 1,150. What is her percentage profit (rounded off to the nearest integer) ?
    Question

    A woman buys an item for Rs. 950 and sells it for Rs. 1,150. What is her percentage profit (rounded off to the nearest integer) ?

    A.

    21%

    B.

    23%

    C.

    20%

    D.

    22%

    Correct option is A

    Given:
    Cost Price (C.P.) = ₹950
    Selling Price (S.P.) = ₹1150
    Formula Used:
    Profit = S.P. – C.P.
    Profit %=(ProfitC.P.)×100\text{Profit \%} = \left(\dfrac{\text{Profit}}{\text{C.P.}}\right) \times 100​​
    Solution:
    Profit = 1150 – 950 = ₹200
    Profit %=(200950)×100=200×100950=20000950=21.05% 21%\text{Profit \%} = \left(\dfrac{200}{950}\right) \times 100 \\[8pt]= \dfrac{200 \times 100}{950} \\[8pt]= \dfrac{20000}{950} \\[8pt]= 21.05\% \;\;\approx\;\; 21\%​​

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