Mathematics
NULL
Medium
Question
Raheem bought an old car for Rs 42,000, spent Rs 13,000 on repairs, and sold it for Rs 64,900. What is his profit percent?
A
0.14
B
0.16
C
0.18
✓ Official correct answer
D
0.22
Community credibility
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A
0.14
No member explanations yet for this option.
B
0.16
No member explanations yet for this option.
C
0.18
No member explanations yet for this option.
D
0.22
No member explanations yet for this option.
Explanation
Total CP = 55,000; profit = 9,900. Profit % = 9900/55000 = 18% (option 0.18).