1.

Suresh loses 15% when he sells his computer for Rs. 17,000. If he sells it for Rs. 20,448, then his loss/profit percentage is:1.    Loss: 1.12%2.    Profit: 1.12%3.    Profit: 2.24%4.    Loss: 2.24%

Answer» Correct Answer - Option 3 :    Profit: 2.24%

Given:

Selling price = Rs.17000

Loss % = 17%

Formula:

Selling price = cost price × (100 - loss %)/100

Calculation:

Cost price = 17000 × 100/85 = Rs.20000

∴ Profit percentage = (20448 - 20000)/20000 × 100 = 2.24%

 



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