**If a car is sold for Rs..50000 the profit is 17 percent, what would be profit percentage if sold for Rs. 47000?**

A. 14.85%**B. 9.98%**

C. 16.20%

D. 14.50%

**Solution by Ahmad hassan :**

Actually, the question is this.

If a person sells his car in 50000 rupees and got 17% profit. What will be the profit in percentage if he sold this car in 47000 rupees?

Solution

Profit = 17 %

Sp of car = Rs 50000

Cp = sp/1 + .profit percentage

Cp = 50000/1+.17

Cp= 50000/1.17= Rs 42735.04

Now he wants to sell at Rs 47000

New sp = Rs 47000

Profit sp-cp = 47000-42735.04 = Rs 4264.96

Profit % = profitx100/cp

Profit % = 4264.96×100/42735.04 = 9.98 %

New profit % = 9.98

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**Solution by Vicky :**

total sold price with 17% profit =50,000 (Including 17% profit)

now lets break this 50,000

50,000=X(original cost of car)+0.17x(17% profit) :- x is supposed cars original price

50,000=x+0.17x

x=50,000/1.17 (By taking x common)

x=42,735 (which is Original cost of car)

now again his is selling his damn car at Rs 47,000, that means his profit this time will be

47,000-42,735(original amount of car we just calculated above)=4265 (profit this time)

now calculate the percentage of this above calculated Profit with simple formula

4265/42735*100= 9.98% (Answer) cheers