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- A retailer buys a radio for Rs 225.
Question 1:
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%
Feedback cost price = (225 + 15) = 240 sell price = 300
gain = (60/240)*100 = 25%
gain = (60/240)*100 = 25%
D. 52%
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