A trader buys an article for Rs. 2,000 and sells it for Rs. 2,400. Find the profit percentage.

Answer and explanation

Correct answer: B.

  1. Step 1: Profit .
  2. Step 2: Profit percentage .
Answer
.
Why not the others: is what you get if you give the profit in rupees as a percentage. is what you get if you divide the profit by the selling price. is what you get if you give the selling price as a percentage of the cost.

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