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 :

Q. 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 :
Answer: $latex 25\%$
Notes: Actual C.P. = 225 + 15 = 240 Rs. Gain = 300 - 240 = 60 Rs. ∴ Gain per cent = $latex = \frac{60}{240}\times 100 = 25\%&s=1$ Hence option [C] is the right answer