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    Question

    A shopkeeper buys an item for Rs 400 and sells it for Rs

    460. What is his profit percentage?
    A 10% Correct Answer Incorrect Answer
    B 15% Correct Answer Incorrect Answer
    C 22% Correct Answer Incorrect Answer
    D 18% Correct Answer Incorrect Answer

    Solution

    ATQ, Profit = 460 − 400 = 60. Profit% = (60/400) × 100 = 15%.

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