C.P -S.P profit less no profit no less
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Depending on the cost price of that particular thing to the selling price of that particular thing.
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Profit and Loss: Solved Examples
Example 1: A cloth merchant bought 35 shirts, each at a price of Rs 280. ...
Sol: The profit percentage remains same for one unit as well for all the units. ...
Example 2: An article is sold for Rs 2400 at a profit of 25 %. ...
Sol: Firstly let us find the cost price of the same.
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