c.p=10475, s.p=11200 find profit and profit ℅
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So, profit =325
Profit%=3.10%
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Step-by-step explanation:
Given That,
Cost Price (C.P.) = Rs. 10,475
Selling Price (S.P.) = Rs. 11,200
∴Profit = S.P. - C.P.
=Rs.(11,200 - 10, 475)
=Rs. 725
∴ Profit = Rs. 725
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Profit % = (Profit/Cost Price)×100 %
=(725/10475)×100%
=6.92% (approx.)
∴Required Profit % = 6.92%
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