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The cost price of a notebook is ₹120. It is sold at a profit of 40%. What is the nominal profit made on the sale of each notebook? |
₹36 ₹48 ₹24 ₹40 |
₹48 |
The cost price of a notebook = 120 Profit = 40% Then the amount of nominal profit = 120 × \(\frac{40}{100}\) = 48 |
