A trader buys an article for Rs. 500 and sells it for Rs. 550. Find the profit percentage.
Answer and explanation
Correct answer: C.
- Step 1: Profit . 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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