Mathematics · Profit and Loss
Manjeet bought a second-hand motorbike for ₹22,000 and spent ₹3,000 on its overhauling and maintenance. He then sold it with a 12% profit. If he had sold it for ₹500 less, then what would have been his profit percentage?
- 15%
- 28%
- 310%✓
- 410.5%
Correct answer
10%
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