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A retailer buys a radio for ₹425. His ov...

A retailer buys a radio for ₹425. His overhead expenses are ₹ 55. If he sells the radio for ₹ 560, then the profit percentage is

A

0.125

B

0.1667

C

0.185

D

0.1333

Text Solution

Verified by Experts

The correct Answer is:
B
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PEARSON IIT JEE FOUNDATION-PROFIT AND LOSS DISCOUNT AND PARTNERSHIP -CONCEPT APPLICATION (LEVEL 1)
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