- A₹40
- B₹60
- C₹15
- D₹860
Step-by-Step Solution
Profit = SP − CP = 460 − 400 = ₹60. (15 is the profit per cent, not the amount.)
Answer: B) ₹60
Anil buys a school bag for ₹400 and sells it for ₹460. How much profit does he make?
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