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A trader makes a profit equal to the selling price of 75 articles when he sold 100 of the articles. What % profit did he make in the transaction? |
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Answer» 300% Let the selling PRICE of each article be Rs. 1. Then, selling price of 100 ARTICLES= Rs. 100, PROFIT on selling 100 articles= Rs. 75, and COST of 100 articles=100-75=Rs.25 |
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