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The cost price of an article is ₹ 1700. ...

The cost price of an article is ₹ 1700. If it was sold at a price of ₹ 2006, what was the percentage profit on the transaction ?

A

0.56

B

0.43

C

0.52

D

0.49

Text Solution

Verified by Experts

The correct Answer is:
C
Cost price per article = 311
Selling price per article `= (9954)/(21)=474`
Profit per article `=(474 - 311)/(311) xx 100 = 52%`
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