Q. A trader purchased goods for ₹6400 and sold them for ₹7040. What is the profit percentage?

  • (A) 8%
  • (B) 9%
  • (C) 10%
  • (D) 12%
✅ Correct Answer: (C) 10%
Explanation: Profit = 7040 – 6400 = ₹640. Profit% = (640 / 6400) × 100 = 10%.
Explanation by: Yami Thakur
Profit = 7040 – 6400 = ₹640. Profit% = (640 / 6400) × 100 = 10%.

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