Suresh loses 15% when he sells his computer for ₹17,000. If he sells it for ₹20,448, then his loss/profit percentage is:
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. Profit: 2.24%.
Let CP = x
15% loss:
⇒ SP = 85% of x = ₹17,000
⇒ x = 20000
New SP = ₹20,448
Profit = 20448 − 20000 = ₹448
Profit% = × 100 = 2.24% profit