a shopkeeper bought an article for 1000 and sold it for 1500. his profit percentage is
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Given; a shopkeeper bought an article for 1000 and sold it for 1500
To Find; the profit percentage
Solution; Cost price of article =1000
Sale price of particle=1500
profit= Dale price -Cost price =500
Profit percent=profit×100/cost price
=50%
Hence the profit percent is 50%
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