Divya bought a car for ₹3,50,000 and sold it for ₹4,35,000. What is her percentage profit (correct up to one decimal place)?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 24.3%
Given that
Divya bought a car for ₹ 3,50,000 and sold it for ₹ 4,35,000
Profit% = [(Selling Price - Cost Price)/Cost Price] × 100
⇒ Profit% = [(435000 - 350000)/350000] × 100 = 850/35 = 24.3%