Mathematics · Profit and Loss
Kohli deals in second-hand goods. He bought a second-hand AC for ₹10,000. He spent ₹500 on its transport and ₹2,000 on its repair, and then sold it for ₹15,000. What is his profit or loss percentage?
- 120% loss
- 218% loss
- 318% profit
- 420% profit✓
Correct answer
20% profit
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