11. If Rehman has bought a table for
Rs 2500 and sold for Rs 2600.
Calculate his profit %.*
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Answer:
4 %
Step-by-step explanation:
Cost price = Rs 2500
Selling price = Rs 2600
Profit = Selling price - cost price
= 2600 - 2500 = Rs 100
profit % = (profit/ cost price) * 100
= (100 / 2500) * 100
= 1 / 25 * 100
= 4
Profit % = 4%
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