Shyam bought a chair for ₹1,563 and spent ₹350 on its repairing. He sold it for ₹2,398. Find his profit percentage (correct to two places of decimals).
- A42.35%
- B52.55%
- C25.35%
- D35.55%
Solution & Step-by-step Explanation
Given:
Cost Price (CP) of the chair = ₹1,563
Repairing charges = ₹350
Total Cost Price (Total CP) = 1563+350=₹1913
Selling Price (SP) = ₹2,398
Profit made by Shyam:
Profit=SP−Total CP=2398−1913=₹485
Profit percentage:
Profit Percentage=
Total CP
Profit
×100
Profit Percentage=
1913
485
×100≈25.35%
Cost Price (CP) of the chair = ₹1,563
Repairing charges = ₹350
Total Cost Price (Total CP) = 1563+350=₹1913
Selling Price (SP) = ₹2,398
Profit made by Shyam:
Profit=SP−Total CP=2398−1913=₹485
Profit percentage:
Profit Percentage=
Total CP
Profit
×100
Profit Percentage=
1913
485
×100≈25.35%