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15 laptops were purchased at Rs. 15,000 ...

15 laptops were purchased at Rs. 15,000 each and all of them were sold for Rs. 2.97 Lakh .Find the profit percentage .

A

`28%`

B

`40%`

C

`33.33%`

D

`32%`

Text Solution

AI Generated Solution

The correct Answer is:
To find the profit percentage from the given information, we can follow these steps: ### Step 1: Calculate the Cost Price (CP) of 15 laptops The cost price of one laptop is given as Rs. 15,000. Therefore, the cost price of 15 laptops can be calculated as: \[ \text{Cost Price (CP)} = \text{Number of laptops} \times \text{Price per laptop} = 15 \times 15,000 \] Calculating this gives: \[ \text{CP} = 15 \times 15,000 = 225,000 \text{ Rs.} \] This can also be expressed as Rs. 2.25 Lakh. ### Step 2: Identify the Selling Price (SP) The selling price of all 15 laptops is given as Rs. 2.97 Lakh. ### Step 3: Calculate the Profit Profit can be calculated using the formula: \[ \text{Profit} = \text{Selling Price (SP)} - \text{Cost Price (CP)} \] Substituting the values we have: \[ \text{Profit} = 2.97 \text{ Lakh} - 2.25 \text{ Lakh} \] Calculating this gives: \[ \text{Profit} = 0.72 \text{ Lakh} \] ### Step 4: Calculate the Profit Percentage The profit percentage can be calculated using the formula: \[ \text{Profit Percentage} = \left( \frac{\text{Profit}}{\text{Cost Price}} \right) \times 100 \] Substituting the values: \[ \text{Profit Percentage} = \left( \frac{0.72 \text{ Lakh}}{2.25 \text{ Lakh}} \right) \times 100 \] Calculating this gives: \[ \text{Profit Percentage} = \left( \frac{0.72}{2.25} \right) \times 100 \approx 32\% \] ### Final Answer The profit percentage is **32%**. ---
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