A merchant bought a sofa - set for Rs 19,000 with GST charge Rs.500.if the had spent Rs 1000 on transport, and sold it for Rs 25,000 then find his gain or loss
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total maney spent on shofa=19000+500+1000=20500
selling price=25000
profit=25000-20500=4500
% profit=4500*100/20500=21.95%
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