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A parcel costs ₹400 plus ₹100 packing and sells at ₹600; profit as % of total cost?

A25%
B20%
C50%
D40%
Answer & Solution
Correct answer: B. 20%
Profit is ₹600 − ₹500 = ₹100, which is 20% of the ₹500 total cost.
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