A man bought a second-hand computer for Rs.225000 and spent Rs.25000 on repairing it. If the man sold it for Rs.325000, then what was the profit percent?

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30%

40%

50%

60%

answer is A.

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Detailed Solution

We are given,
Cost of the second-hand computer = Rs.225000.
Amount spent on repairing = Rs.25000.
Therefore total cost price of second-hand computer

= R s . (225000 + 25000) = R s .325000.

Since the second-hand computer was sold for Rs.325000, therefore,

Profit = R s . (325000 + 250000) = R s .75000.

∵ Profit % = Profit C . P . × 100 ⇒ Profit % = 75000250000 × 100 ⇒ Profit % = 30 %

Therefore, the profit percentage was 30%.
Hence, option (1) is correct.

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