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    Question

    Jeeva purchased an article for Rs.2500 and sold it at

    25% above cost and paid a tax of Rs.125. Find the post-tax profit in rupees.
    A 500 Correct Answer Incorrect Answer
    B 550 Correct Answer Incorrect Answer
    C 475 Correct Answer Incorrect Answer
    D 625 Correct Answer Incorrect Answer

    Solution

    CP od article = 2500 Sp of aarticle = 2500 x 125 / 100 = 3125 Sp after deducting tax = 3125 - 125 = 3000 Hence, Post paid tax profit = 3000 - 2500 = 500

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