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Mr Sharma's record for one old scooter is shown. The repair cost is an overhead and is added to the cost price. What is his profit percentage?

Class 7Profit and LossComparing Quantities
  • A22.2%
  • B10%
  • C11.1%
  • D9.1%

Step-by-Step Solution

CP . Profit . Profit % . Leaving out the repair cost gives the wrong 22.2%.
Answer: B) 10%

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