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A person buys a machine for ₹20,000, and spends ₹2,000 on its repair and ₹3,000 on transportation. He sells it for ₹30,000. What is the profit percentage?
20%
35%
30%
25%
20%
Practice and solve "A person buys a machine for ₹20,000, and spends ₹2,000 on its repair and ₹3,000 on transportation. H..." for Mathematics - Previous Year Paper 2024. The correct answer is Option A: 20%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "A person buys a machine for ₹20,000, and spends ₹2,000 on its repair and ₹3,000 on transportation. H..." for Mathematics - Previous Year Paper 2024. The correct answer is Option A: 20%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.