A dealer buys an old car for rupees 50000 and sells it for rupees 55000.Find the gain or loss per cent
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Hey there!
Dealer buys for ₹50000
sells for ₹55000
As, SP > MP
Therefore, there's a profit of 5000.
So, profit% = 5000/50000 x 100
= 10%
Hope it help
Dealer buys for ₹50000
sells for ₹55000
As, SP > MP
Therefore, there's a profit of 5000.
So, profit% = 5000/50000 x 100
= 10%
Hope it help
goyalvikas78:
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