a man purchased sewing machine and furniture for tailoring shop. Identify the concept
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Answer:
Cost price of the sewing machine=purchased money+money spent on transportation
=1250+250
=Rs 1500
Selling price of sewing machine = Rs 1600
profit %=
C.P.
S.P−C.P
×100
=
1500
1600−1500
×100
=
15
100
=6.67%
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