Arithmetic Ability
Profit and Loss

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Q.

A retailer buys a radio for Rs 225. His overhead expenses are Rs 15. He sellis the radio for Rs 300. The profit percent of the retailer is

View Answer

Correct choice: C

Explanation:

cost price = (225 + 15) = 240 sell price = 300 gain = (60/240)*100 = 25%
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