d profit or loss percent if
C.P.=Rs. 250
S.P.=Rs. 300
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★Given :
Cost price = Rs 250
Selling price = Rs. 300
★To find :
Profit of loss percent
★Method :
Selling price is greater than cost price
Hence, it made a profit
Profit = Selling price - Cost price
Profit = 300 - 250 = 50
Profit percent = Profit × 100 ÷ C.P
Profit percentage = 50 × 100 ÷ 250 = 20
★ Answer :
Profit percentage is 20 %
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