a cricket bat was purchased for ₹900 and was sold for ₹1,600. What is the profit/loss percentage?
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The profit for cricket bat was 700
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Answer:
given,
the cp of cricket bat = rs. 900
the sp of cricket bat = rs.1600
profit = rs. 1600 - rs. 900 = 500
profit % = rs. 500÷900 × 100 = 55.56%
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