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A farmer sells 20 quintals of wheat at ₹2400 per quintal. Seeds, fertiliser and water cost him ₹30000, and labour another ₹6000. What is his profit per cent?

Class 8Profit and LossComparing Quantities
  • A25%
  • B33⅓%
  • C40%
  • D60%

Step-by-Step Solution

Total cost = 30000 + 6000 = ₹36000. SP = = ₹48000. Profit = ₹12000. Profit % ⅓%. 25% divides by SP.
Answer: B) 33⅓%

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