A pressure cooker was bought for rupees 1500 and sold at a profit of 16% . find the profit and the selling price.
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Answer:
SP = 1740 Rs
profit = 240Rs
Step-by-step explanation:
CP of cooker = 1500Rs
profit = 16%
SP = 1500+ 16/100(1500)
1500+240
= 1740Rs
Profit = SP - CP
1740 - 1500
= 240Rs
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