A man purchased an article forrs 1500
Overhead expenses on the article is 500
He sold to another man forrs 2200. Find his
loss or gain per cent.
Solution:
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Answer:9.09%
Step-by-step explanation:
C.p. = 1500+500= 2000
S.p. = 2200
Profit = sp- cp
2200 -2000=200
Profit%= (200/2200)*100=9.09%
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