Amith bought a table for₹1200 and spent₹200 on its repair.he sold it for₹1680. his profit or loss is
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Step-by-step explanation:
CPof table = Rs.1200
Cost of repair = Rs.200
Actual CP of table = Rs.1400
SP of table = Rs.1680
Selling price of the table is greater than it's cost price.So, we have profit.
Profit = SP- CP
= 1680-1400
= Rs. 280
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