If the profit made on a packet of tea is ₹10 and the cost price of the packet is ₹40, then how much is the profit percentage?
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Answer:
Profit Percentage is 4%
Step-by-step explanation:
Profit made on packet of tea= 10 Rs
Cost price of packet= 40 Rs
Profit percentage = Cost price × Profit/100
= 40 × 10/100
= 4%
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