a retailer bought a mixie from a whole sale dealer for ₹ 4500 and sold it for ₹ 6000. find his profit or loss percent?
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since sp> cp, it is a profit
profit = sp- cp= 6000-4500= 1500
profit %= profit*100/ cp
= 1500*100/ 4500
=100/3= 33.3%
profit = sp- cp= 6000-4500= 1500
profit %= profit*100/ cp
= 1500*100/ 4500
=100/3= 33.3%
Answered by
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Cp=rs.4500
Sp= rs.6000
Profit =sp-cp
6000-4500=1500
Profit%=profit/cp×100
1500/4500×100
33.3%profit
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