Find his profit per cent.
A man purchased a sewing machine for 7 1250 and spent 250 on its transportation. He sold it for 2 1600,
5. The cost price of 16 articles is equal to the selling price of 12 articles. Find the gain per cent.
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Cost price of the sewing machine=purchased money+money spent on transportation
=1250+250
=Rs 1500
Selling price of sewing machine = Rs 1600
profit %=C.P.S.P−C.P×100=15001600−1500×100=15100=6.67%
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