a shopkeeper bought a set of antique plates for ₹3750 and spent ₹250 on its polishing.He then sold the set for ₹4500 find his loss or profit.
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Step-by-step explanation:
total cost of purchasing = original cost + polishing cost
3750+250 = 4000₹
now he sold it for ₹4500
selling price > cost price
therefore he gained a profit of
4500-4000=500₹
his profit = 500₹
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