Mathematics · Profit and Loss
Mohan buys a second-hand television for ₹7,500 and spends ₹500 on its repair. He later sells it for ₹9,000. What is his profit fraction (ratio of profit to total cost price)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 10.25
- 20.20
- 30.125✓
- 40.075
Correct answer
0.125
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