alleryA fan bought for ₹250 is sold for ₹300. The profit percent is?
A20%
B25%
C16%
D50%
Answer & Solution
Correct answer: A. 20%
1. Profit = 300 - 250 = 50.
2. Profit percent = 50 / 250 x 100.
3. That is 20%.
_Source: Wikipedia, Profit (accounting) (CC BY-SA 4.0), Profit (accounting)_
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