C.p=₹750, s.p= ₹875
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Answer:
Step-by-step explanation:
Cost price ( C.P ) = Rs 750
selling price ( S.P. ) = Rs 875
To find
Gain or profit percent
Solution
750 < 875
C.P. < S.P.
so here is profit
S.P. - C.P. = profit
875 - 750 = profit
profit = Rs 125
profit percent = Profit / C.P. × 100
= 125/750 × 100
= 125 × 4/30
= 500/30
= 50/3
so profit is 50/3 %
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