Question

A retailer bought a mixie from a wholesale dealer for $4500 and sold it for $6000. Find profit or loss per cent

Answer 1

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Answer 2

dealer bought for 4500
sold for 6000
so
=selling price -buying price
=6000-4500
=1500
if negative gives you loss and if positive gives you profit
so profit%= (profit gained ÷selling price)*100
$1500 \div 6000 \times 100$

profit %= 25%