1 Answers

Option 2 : 11.6%

Sudha sold an article to Renu for = Rs. 576

Cost price of the article for Sudha = Rs. 576 × (100/80) = Rs. 720

Final cost price of the article for Renu = 576 + 224 = Rs. 800

Profit gain on the article for Renu = Rs. 720 × (124/100) = Rs. 892.8

Profit percentage on the article for Renu = (92.8/800) × 100 = 11.6%
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