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Q.

The ratio of cost price and selling price 25:26. The percent of profit will be

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a

25%

b

26%

c

1%

d

4%

answer is D.

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Detailed Solution

Let cost price= 25 x

and Selling price= 26 x

$∴$ Profit= 26 X - 25 X = X

$∴$ $Profit % = \frac{x}{25 x} \times 100 = 4 %$

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