A man bought an article for #1300 and sold it for #1550. Find the % profit
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Step-by-step explanation:
a man bought a article cost price (cp)=1300
sold selling price (sp)=1550
PI=SP-CP
=1550-1300
=Rs250
profit percentage=PI*100/CP
=250*100/1300
=25000/1300
=19.23%
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