by selling a table fan for rs.300,which he had bought for rs.250,Mohan made a profit. On which sum should be calculate the profit%?
Answers
Answered by
0
Answer:
profit = 50 rs
then profit /cp *100
50/250*100= 5000/250= 20%
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Answered by
1
Answer:
He had a profit of 20%
Step-by-step explanation:
We know that the cost price of pen = Rs 250
Selling price of pen = Rs 300
By using the formula,
Gain = selling price – cost price
= 300 – 250
= Rs 50
By using the formula,
Gain % = (gain/cost price) × 100
=(50/250)X 100
=20%
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