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A person purchased a vehicle for Rs4,89,...

A person purchased a vehicle for Rs4,89,828 and sold it for Rs5,89,828. What is the profit percent he earned on this vehicle (correct to two decimal places)?

A

0.25

B

0.1865

C

0.2042

D

0.15

Text Solution

Verified by Experts

The correct Answer is:
C
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