Mohan buys a second hand television at a cost of Rs. 7,500 and spends Rs. 500 on its repair. Later on he sells it at a cost of Rs. 9,000.
How much profit he gets in this process?
1
7.5%
2
12.5%
3
20%
4
25%
Mohan buys a second hand television at a cost of Rs. 7,500 and spends Rs. 500 on its repair. Later on he sells it at a cost of Rs. 9,000.
How much profit he gets in this process?