Asha bought a saree for Rs. 4000 and sold it for Rs. 4400. Her profit percent is:
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 10%.
Given that
The cost price of the saree = Rs. 4000
The selling price of the saree = Rs. 4400
Profit = 4400 - 4000 = 400
Profit percentage = × 100
Hence, profit percentage = × 100 = 10%.