Correct Answer - Option 2 : 22%
Formula Used:
Profit% = (SP - CP)/CP × 100
Loss% = (CP - SP)/CP × 100
Calculations:
Cost price of machine = Rs. 49500
Money spent on repair = Rs. 1500
⇒ Total cost price of machine = Rs. (49500 + 1500)
⇒ Total cost price of machine = Rs. 51000
Selling price of machine = Rs. 62250
Profit% = (62250 - 51000)/51000 × 100
⇒ Profit% = 22%
∴ The profit percent of Sangeeta is 22%.
The cost of repair must be added in cost price of machine to get original cost price.