A watch sold for Rs448 gives a profit of only 12%.find the profit % if the selling price had been Rs512.
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Answer:28%
Step-by-step explanation:
Let the cost price be x
According to question, the watch when sold for 448 rs gives profit of 12% which means
(112/100)*x=448
x=400
If SP is 512, profit is 512-400=112
Profit%=
(112/400)×100=28%
Hope it helps
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