# What will be the Profit Percent of Y? If

Mr. Y purchased a flat for ₹ 9, 25,000 and spent ₹ 35,000 for its renovation. If he sold the flat for ₹ 10,80,000, them his profit percent is

- 15.0
- 17.5
- 20.0
- 12.5

**Answer: (4) 12.5**

**Explanation:-**

Mr. Y purchased a flat = Rs.9,25,000.

He spent for its renovation = Rs.35,000

The total cost price of flat = 9,25,000 + 35,000

= Rs.9,60,000

He sold the flat = Rs.10,80,000

Profit = 10,80,000 – 9,60,000

= Rs.1,20,000

Profit% = 1,20,000 x 100/9,60,000

= 12.5%

Hence, the answer is (4) 12.5.