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Question

Rekha sold a saree for ₹3,456 with a profit of ₹256. Her profit percentage was

A
8%
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B
10%
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C
7%
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Solution

The correct option is A 8%
Profit percentage = ProfitCost Price×100

Here, Selling price = ₹3,456
Profit = ₹256
Cost Price = Selling Price - Profit
Cost price = 3,456 - 256 = ₹3,200
Profit Percentage = 2563200×100
= 8%

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