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A man buys an item for Rs. 800 and sells it for Rs. 1000. What is his profit percentage?

A15%
B20%
C25%
D30%

Explanation

Profit = 200. Profit % = (200/800) * 100 = 25%.

Exam Relevance
  • Topic: Profit and Loss
  • Subtopic: Profit Percentage
Submitted by: mcqstutor Team More Mathematics MCQs →

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