Math MCQ: A man purchased an article for Rs. 1500 and sold it at 25% above the cost price. If he has to pay Rs. 75 as tax on it, his net profit percentage will be ?

A man purchased an article for Rs. 1500 and sold it at 25% above the cost price. If he has to pay Rs. 75 as tax on it, his net profit percentage will be ?

Correct Answer: 20%

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WhatsApp+91 99922 70404Math MCQ: A man purchased an article for Rs. 1500 and sold it at 25% above the cost price. If he has to pay Rs. 75 as tax on it, his net profit percentage will be ? | Extra Education