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Multiple choice

Peter bought a table for Rs. 450 and spent Rs. 30 on transport. If he sold the table for Rs. 600, what is his percent profit?

  1. 30

  2. 25

  3. 28

  4. 24

  5. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Total cost = Rs. 450 + Rs. 30 = Rs. 480. Profit = Rs. 600 - Rs. 480 = Rs. 120. Profit percent = 120/480 × 100 = 25%.

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