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    Question

    A chair is purchased for Rs. 240 and sold for Rs. 300.

    Find the profit percentage.
    A 18% Correct Answer Incorrect Answer
    B 25% Correct Answer Incorrect Answer
    C 10% Correct Answer Incorrect Answer
    D 27% Correct Answer Incorrect Answer

    Solution

    ATQ, Profit earned = 300 - 240 = Rs. 60 Therefore, profit percentage = (60/240) × 100 = 25%

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