7
(1) Find the profit and the profit percentage when a toy is bought for 1800 and sold for
1848
(1) A cellphone is bought for 6250 and sold for 6750. Find the profit and the profit
Answers
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1
FORMULA
Profit = SP - CP
Profit percent = PROFIT by CP x 100%
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0
Answer:
1. cost price = 1800
selling price = 1848
.since selling price > cost price
•profit = 1848 -1800
=48 ans..
• profit percentage = (profit/ cost price )×100%
= 48/1800 ×100%
= 2.66 %
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