Mathematics · Profit and Loss
A man buys a cooler for Rs. 2400 and spends Rs. 600 on its installation. After 1 year, if he sells the cooler for Rs. 2000, determine his percentage of profit or loss.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 133.33% loss✓
- 250% profit
- 350% loss
- 433.33% profit
Correct answer
33.33% loss
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