find the profit percent if an article purchased for Rs 225 with expiry expenses of which 15 is sold for Rs 300
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Answer:
C.P- ₹225
Overhead expenses-₹15
Total C.P-₹225+₹15=₹240
S.P-₹300
Profit=₹300-₹240
=₹60
Profit%=Profit/C.P×100
= 60/240×100
=25%
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