A cricket bat was purchased for Rs 800 and was sold for Rs 1600. Then profit earned is
Given, cost price of cricket bat = 800 and
Selling price of cricket bat = 1600
Need to find out the profit earned
⇒ Profit = SP-CP
= 1600-800
= 800
⇒ We know that, Profit% =
× 100%
=
× 100%
= 100%
∴ profit earned is 100%
⇒ Option A is correct as 100 = 100
⇒ Option B is incorrect as 64 ≠ 100
⇒ Option C is incorrect as 50 ≠ 100
⇒ Option D is incorrect as 60 ≠ 100
Hence, Option A is correct one.
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