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An article costs ₹1500 and is sold for ₹1800. Find the profit percentage.

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Question ID #26218 UPSC UPSC EPFO APFC 2026 Mock Test Series UPSC EPFO APFC Elementary Mathematics Sectional Test 2026 Medium

Correct Answer: A. 20% profit
Profit% = |SP-CP|/CP ×100 = 20%.

Question: An article costs ₹1500 and is sold for ₹1800. Find the profit percentage.

A. 20% profit

B. 300% profit

C. 25% profit

D. 15% profit

Correct Answer: A. 20% profitProfit% = |SP-CP|/CP ×100 = 20%.

An article costs ₹1500 and is sold for ₹1800. Find the profit percentage. - MCQ Explanation

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Correct answer: A. 20% profit