A scooter was purchased for rupees 800 and sold for rupees 960 find the profit percentage
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GIVEN, C.P.= RS.800
S.P.= RS.960
THEREFORE, PROFIT =S.P.-C.P.
= RS.(960-800)
= RS.160
NOW, PROFIT% =PROFIT/C.P.×100
P%=160/800×100
P%=20
HENCE HE WILL HAVE PROFIT OF 20%
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