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17 articles were bought for Rs. 3,910 and sold for Rs. 4,590. How much was the approximate profit percentage per article ?
- A17%
- B12%
- C9%
- D21%
Answer not set
Discussion 1
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CCommunity
Solution
Cost price of 1 article = Rs. $\frac{3910}{17}$ = Rs. 230
Selling price of 1 article = Rs. $\frac{4590}{17}$ = Rs. 270
Profit % = $\frac{270 - 230}{230} * 100$
= 17.39% $\approx$ 17%
Cost price of 1 article = Rs. $\frac{3910}{17}$ = Rs. 230
Selling price of 1 article = Rs. $\frac{4590}{17}$ = Rs. 270
Profit % = $\frac{270 - 230}{230} * 100$
= 17.39% $\approx$ 17%