Ranveer bought a computer paying 25% less than the list price and sold it to his neighbour at a 40% profit on his purchase cost. The profit percentage earned by Ranveer on the list price of the computer is:
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Q:
Ranveer bought a computer paying 25% less than the list price and sold it to his neighbour at a 40% profit on his purchase cost. The profit percentage earned by Ranveer on the list price of the computer is:
- 110%false
- 27.5%false
- 36.67%false
- 45%true
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