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Sohan buys a fridge for 2,500, spends 500 on repairs and sells it at 3,300. His profit percent is:
A12%
B8%
C10%
D32%
Answer & Solution
Correct answer: C. 10%
1. Cost price is 2,500 plus 500, which is 3,000.
2. Profit is 300 on 3,000.
3. That is 10 percent.
_Source: NCERT Class 8 Mathematics, Chapter 8, Comparing Quantities._
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