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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

10%
50%
25%
52%

Correct Answer: 25%

Explanation:

cost price = (225 + 15) = 240 sell price = 300
gain = (60/240)*100 = 25%

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