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1. What was the rate of profit margin ( in % ) if a motor bike which cost tk. 50,000 was sold for tk. 52,000 ?
- A. 8%
- B. 8%
- C. 8%
- D. 8%
Answer: Option C
Explanation:
What was the rate of profit margin ( in % ) if a motor bike which cost tk. 50,000 was sold for tk. 52,000 ? The rate of profit margin ( in %) = (2000x100)/50000 = 4% .
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