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A street vendor in Jaipur buys a brass lamp for ₹240 and sells it for ₹282. What is his profit percent?

Competition practiceProfit, Loss & Discount
  • A17.5
  • B14.89
  • C42
  • D15

Step-by-Step Solution

Profit = 282 − 240 = 42. Profit % % (profit is always taken on the cost price).
Answer: A) 17.5

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