Cp = 1050,Sp =1100 plz help of class 5
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Step-by-step explanation:
Cp = 1050
Sp = 1100
Cp here is the Cost price ( the amount paid while buying an object)
Sp here is the Selling price ( the amount received while selling the object)
if Sp is greater than Cp then we have profit.
here we have a profit of 50 rupees ( Sp-Cp)
profit % = profit × 100/ Cp
= 50 × 100/1050
= 5000/1050
= 4.76%
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