A retailer buys a radio for 225 Rs. His overhead expenses are 15 Rs. He sells the radio for 300 Rs. The profit per cent of the retailer is :
A retailer buys a radio for 225 Rs. His overhead expenses are 15 Rs. He sells the radio for 300 Rs. The profit per cent of the retailer is :
[A]
[B]
[C]
[D]
Actual C.P. = 225 + 15 = 240 Rs.
Gain = 300 – 240 = 60 Rs.
∴ Gain per cent =
Hence option [C] is the right answer.
