Question discussion

24 article were bought for Rs. 14880 and sold for Rs. 18480. What was the approximate profit percentage per article ?

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31
24 article were bought for Rs. 14880 and sold for Rs. 18480. What was the approximate profit percentage per article ?
  • A32%
  • B29%
  • C17%
  • D20%
Answer not set
0
CCommunity
Solution
Cost price of an article = $\frac{14880}{24} = 620$
Selling price of an article = $\frac{18480}{24} = 770$
Profit per article = 150
%Profit per article = $\frac{150}{620} = 24.2$
0
CCommunity
Solution
Cost price of an article = $\frac{14880}{24} = 620$
Selling price of an article = $\frac{18480}{24} = 770$
Profit per article = 150
%Profit per article = $\frac{150}{620} = 24.2$