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If an item is sold for Rs. 8000 at 25% profit, then find the profit.
1. Rs. 1800
2. Rs. 1200
3. Rs. 1600
4. Rs. 1000

1 Answer

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Correct Answer - Option 3 : Rs. 1600

SP of the article = Rs. 8000

⇒ CP of the article = Rs. 8000 × 100/125 = Rs. 6400

∴ Profit = 8000 – 6400 = Rs. 1600

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