A boy purchased a keyboard for ₹2000 and spent ₹197 on repairing it. He sold the keyboard for ₹3625.05. What is his profit percentage?

Correct answer: 65%

Solution

The total cost price is ₹2000 + ₹197 = ₹2197. The profit is ₹3625.05 − ₹2197 = ₹1428.05. Profit percentage is approximately $\frac{1428.05}{2197} \times 100 \approx 65\%$.

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