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A retailer buys a radio for Rs 225. His overhead expenses are Rs 15. He sellis the radio for Rs 300. The profit percent of the retailer is

A) 10%	B) 50%
C) 25%	D) 52%

Answer & Explanation Answer: C) 25%

Explanation:

cost price = (225 + 15) = 240 sell price = 300
gain = (60/240)*100 = 25%

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Filed Under: Profit and Loss