By selling a goods for $5350 a trader makes a profit of 7% . She reduces her prices to $5150 . What is her percentage profit now ?
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Answer:
Let cost price of an item be C, selling price be S. Assume the seller makes a profit.
Then profit would be: P=S−C.
Now, what is the formula for calculating Profit Percentage?
P%=PC×100
P%=PS×100
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Answer:
Let cost price of an item be C, selling price be S. Assume the seller makes a profit.Then profit would be: P=S−C.Now, what is the formula ..
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Step-by-step explanation:
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