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Divya bought a car for Rs. 3,50,000 and sold it for Rs. 4,35,000. What is her percentage profit (correct up to one decimal place)?
Question

Divya bought a car for Rs. 3,50,000 and sold it for Rs. 4,35,000. What is her percentage profit (correct up to one decimal place)?

A.

23.3%

B.

24.3%

C.

21.5%

D.

20.7%

Correct option is B

Given:
Cost Price (CP) of the car = ₹3,50,000
Selling Price (SP) of the car = ₹4,35,000
Formula Used:
Profit% = (ProfitCP)×100\left( \frac{\text{Profit}}{\text{CP}} \right) \times 100​​
Solution:
Profit = ₹4,35,000 - ₹3,50,000 = ₹85,000
So, Divya's profit percentage =(₹85,000₹3,50,000)×100=24.3%\left( \frac{\text{₹85,000}}{\text{₹3,50,000}} \right) \times 100 = 24.3\%​​

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