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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% |
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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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