CP is equals to 400 SP is equals to rupees 460
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Answer:
Hello dear,
CP = rs 400
SP = rs 460
CP < SP
so, there is profit
Now profit = SP - CP
profit = 460 - 400
profit = rs 60
now,
profit % = [ profit/CP ] × 100
profit % = [ 60/400 ]×100
profit % = 15%
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