Shyam bought a chair for ₹1,563 and spent ₹350 on its repair. He sold it for ₹2,398. Find his profit percentage (correct to two places of decimals).
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. 25.35%.
Cost Price = 1563 + 350 = ₹1913
Selling Price = ₹2398
Profit = 2398 − 1913 = ₹485
Profit% = × 100 = 25.35%