A retailer bought a shoes for $2,000 and sold it for $2,500. What is the percentage profit?
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Answer: 25 %
Step-by-step explanation:
C.P = $2000
S.P = $2500
Profit = S.P - C.P
= $2500 - $2000
= $500
Profit Percentage = × 100
⇒ × 100
⇒ 25 %
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