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I purchase 100 kg of tea and sell it for a profit to the extent of what I would have paid for 40 kg. What is my profit percentage?

A20%

B25%

C30%

D40%

Answer:

D. 40%

Read Explanation:

CP : SP = 100 : 140 Profit = 140 - 100 = 40 Profit % = (40/100) × 100 = 40%


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