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K purchased a table for Rs.11,000 and sold it for Rs. 13,500. What is his gain in percentage?1). 19.8%2). 20.6%3). 22.7%4). 22% |
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Answer» COST PRICE of the table(C.P) = RS. 11,000 Selling price of the table(S.P) = Rs. 13,500 ⇒ Profit % = (S.P – C.P)/C.P × 100 = (13500 – 11000)/11000 × 100 = 22.7% |
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