Mixed Mathematics (Sainik School Entrance Exam)

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Multiple Choice

A man purchased an old music system for Rs. 6200 and spent Rs. 200 on repairing the music system. He then sold it for Rs. 6850. From the given option, choose the correct option of profit/loss incurred.

  1. Profit is Rs. 450
  2. Loss is Rs. 450
  3. Profit is Rs. 650
  4. Loss is Rs. 650
  5. None of these
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