A person buys a shirt for Rs. 470 and sells it for Rs. 540. What is the approximate profit percentage?
Q1. A person buys a shirt for Rs. 470 and sells it for Rs. 540. What is the approximate profit percentage?
Answer: None of these (Actual profit is approx 14.89%)
Explanation: Profit = Rs. 540 − Rs. 470 = Rs. 70; profit percentage = 70/470 × 100 ≈ 14.89%, which does not match any of the other options.