A man invested Rs. 800 in buying Rs. 5 shares and when they are selling at a premium of rupees 1.15 he sells all the shares .find his profit and profit percent
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cost of one share =₹5
no of shares he buy= 800÷5
=160
SP of each share = ₹(5+1.15)
=₹6.15
SP of 160 shares=₹6.15×160
=₹984
profit=₹(984-800)
=₹184
profit percent =[ (184×100)/ 800]%
=23%
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