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easyMCQCompetitive Exam Practice2026Quantitative Aptitude
1 mark

A wrist watch was purchased for ₹3,000 and sold for ₹3,500. Find the profit percentage.

  1. A
    16.66%
  2. B
    19.58%
  3. C
    20.50%
  4. D
    18.33%

Solution & Step-by-step Explanation

Given parameters:
Cost Price (CP) = ₹3,000

Selling Price (SP) = ₹3,500

Profit=SP−CP=3500−3000=₹500
Profit Percentage=
CP
Profit
​
×100
Profit Percentage=
3000
500
​
×100=
6
100
​
=16.66%

Practice this question

Try it yourself before checking the explanation above.

A wrist watch was purchased for ₹3,000 and sold for ₹3,500. Find the profit percentage.
A
16.66%
B
19.58%
C
20.50%
D
18.33%

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