A retailer buys a watch for rupees 135 . His overhead expenses are rupees 5 . if he sell watch for rupees 154, determine his profit percent
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Answer:
. profit% = 0.11
Explanation:
Rupees + overhead =135+5=140rs
cp=140 sp=154 = profit
profit= 154-140 = 14
profit% = 14/154*100
profit% = 100/11
profit% = 0.11
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