A shopkeeper purchase 15 radio at the rate Rs.270 per radio and sold all the radio for Rs.4200. find out his profit or loss percentage?
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Answer:
cost price of all radio =15×270=4050
selling price of all radio=4200
here s.p>c.p this is the condition of profit.
(s.p-c.p)
profit= ----------------*100. = (4200-4050)*100
c.p. ------------------. =3.57142%
4200
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