a dealer ordered 20 cassettes for rs 500.when they arrived he found that 4 of them were spoilt.he sold the rest at rs 35 each.what was his percentage profit or loss
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4
Step-by-step explanation:
20 cassettes price is 500
SP of 16*35=560
sp is greatr than cp
hence profit
pr =sp-cp
= 560-500=60
pr%=pr/cp*100
=60/500*100
=12%
Answered by
3
Step-by-step explanation:
profit = 60 rupees
profit percentage =profit/cost price×100
cost price =500
now,
60/500×100
=6000/500
=60/5
=12 percentage
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