By selling 10 apples, a man gain an amount equal to selling price of 2 apples. Find his profit%
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It should be 25%.
Let S. P. be Rs. 10 x
Profit = 2x
C.P. = 10x-2x = 8x
Now, Profit % = profit/C.P.*100 = 2x /8x *100 = 25%
Let S. P. be Rs. 10 x
Profit = 2x
C.P. = 10x-2x = 8x
Now, Profit % = profit/C.P.*100 = 2x /8x *100 = 25%
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