Anish bought an antique item for ₹ 5000 and sell it for ₹ 6500. His friend, Mohit, told him that if he had sold the antique for ₹ 7000, he should have gained 5% more profit. Is Mohit correct? If not, what will be the profit percentage if Anish sold the antique at ₹ 7000?
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