By selling a fan for 810 a dealer makes a profit of 60 .What is the cost price of the man? What is the profit%?
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Sell price:-- 810. Profit:-- 60.
PROFIT= SELL PRICE - COST PRICE.
COST PRICE= SELL PRICE- PROFIT.
= 810-60 = 750.
% PROFIT = (PROFIT/COST PRICE) * 100 = (60/ 750) *100 = 8 %.
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