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MCQ
A trader buys 50 items at Rs 80 each and sells all of them at Rs 100 each. What is the total profit?
Unit-7 Entrepreneurship
A Rs 1,000
B Rs 4,000
C Rs 5,000
D Rs 2,000
Explanation

Cost = 50 x 80 = 4,000; revenue = 50 x 100 = 5,000; profit = Rs 1,000.

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