A man purchased an article for Rs.1500 and sold Itat 25% above the cost price. If he has to pay Rs.75 as tax on it his net profit percentage will be:

A man purchased an article for Rs.1500 and sold Itat 25% above the cost price. If he has to pay Rs.75 as tax on it his net profit percentage will be:
1). 20%
2). 25%
3). 30%
4). 15%

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