Novera bought a ticket of a cricket match for TK. 25 and later sold the ticket to Nahid for TK. 75. What was the percent increase in the price of the ticket ?
Novera bought a ticket of a cricket match for TK. 25 and later sold the ticket to Nahid for TK. 75. What was the percent increase in the price of the ticket ? Correct Answer 200%
Profit = (0.75 - 0.25) / 0.25 x 100% = 0.5 / 0.25 x 100% = 200%