A product costs Rs. 4000 and is sold for Rs. 5200. Find the profit percentage.
- 20%
- 25%
- 30%
- None of these
Explanation
Profit = 5200 − 4000 = Rs. 1200
Profit % = (1200 ÷ 4000) × 100 = 30%
Therefore, the profit percentage is 30%.
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