A man buys a book for Rs 100 and sells it for Rs 120. What is the profit %?
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Answer:
20%
Step-by-step explanation:
Given,
A man buys a book for Rs 100 and sells it for Rs 120. What is the profit %?
CP=100
SP=120
Profit=SP-CP
Profit=120-100
Profit=20
Profit%=Profit/CP*100
Profit%=20/100*100
Profit%=20%
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