A man buys a radio set for 900 and sells it for 972. What is his profit or loss
per cent?
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Answer:
cost price of Radio =₹900
selling price of Radio= ₹972
since S.P. is grater than C.P.
therefore , there is profit
profit = S.P. - C.P.
972 - 900= 72
Profit % = Profit / C.P. × 100
= 72 / 900 × 100
= 8%
I hope it will helps you.
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