Raju purchased an article for ₹ 12,500 and sold it at 20% above the cost price. If the selling price includes ₹ 1,250 as tax then net profit and profit percent is :

1
₹ 1,250, 10%
2
₹ 1,250, 5%
3
₹ 1,320, 15%
4
₹ 1,440, 15%

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