Question

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

Answer 1

Answer:

100/3percent or 33.33 percent

Answer 2

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CP = ₹4500

SP = ₹6000

Profit = SP - CP

Profit = ₹6000 - ₹4500 = ₹1500

Profit % = (Profit/CP) × 100

Profit % = (1500/4500) × 100

Profit % ≈ 33.333%