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Question 33
Ravi sold goods for ₹ 6250 and made a profit of 25% in the process. What would have been his profit percent if he had sold the same goods for ₹ 6000?
Solution
Selling price =6250 and profit %=25
C.P=$$\ \frac{\ 6250\times\ 100}{125}=5000$$
Profit% =$$\ \frac{\ 6000\ -\ \ 5000}{5000}\times\ 100=20$$
Hence option 'C' is correct.
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