Q. A shopkeeper buys a bag for ₹540 and sells it for ₹594. What is the profit percentage?

  • (A) 9%
  • (B) 10%
  • (C) 9.5%
  • (D) 10.5%
✅ Correct Answer: (B) 10%
Explanation: Profit = 594 - 540 = 54; Profit% = (54 / 540) × 100 = 10%.
Explanation by: Yami Thakur
Profit = 594 - 540 = 54; Profit% = (54 / 540) × 100 = 10%.

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