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:
A. 10%
B. 50%
C. 25%
D. 52%
Answer:C
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:
A. 10% B. 50% C. 25% D. 52%
Explanation: cost price = (225 + 15) = 240 sell price = 300