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A company makes a profit of 5% on its first TK. 1,000 of sales each day, and 4% on all sales in excess of TK. 1,000 for that day . What would be the profit of the company in a day when sales are TK. 6,000 ?

A company makes a profit of 5% on its first TK. 1,000 of sales each day, and 4% on all sales in excess of TK. 1,000 for that day . What would be the profit of the company in a day when sales are TK. 6,000 ? Correct Answer 250

Profit = 1000*5/100 + 5000*4/100 = 250

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