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 and Feedback
Answer:C
Feedback:cost price = (225 + 15) = 240 sell price = 300
gain = (60/240)*100 = 25%
gain = (60/240)*100 = 25%