a property which was value at rs40000 five year age is now at 60000 .what is the percentage increase in value
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Answered by
17
Answer:
50%
Step-by-step explanation:
C.P. = 40,000
S.P. = 60,000
S.P. > C.P.
Profit = S.P. - C.P.
= 60,000 - 40,000
= 20,000
Profit % = Profit / C.P. * 100
= 20,000 / 40,000 * 100
= 50%
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