calculate the profit or loss. 2. A carpenter bought a table for 26,520 and sold it at 76,100. Did the carpenter make a profit or loss in the transaction? Calculate the profit or loss.
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profit/loss% = sp-cp/ cp *100
= 76100-26520/ 26520 ×100
= 187%
profit = sp -cp = 76100 - 26520 = 48580
he made profit as sp>cp
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