. Find profit % or loss % if CP = ₹ 2000 of an article and SP = ₹ 3500 i want by steps
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Step-by-step explanation:
Given :-
C.P of an article = ₹ 2000
S.P of an article = ₹ 3500
To Find :-
Profit % of an article.
Used formula :-
Profit = S.p - C.p
Profit ℅ = (Profit × 100)/C.p
Solution :-
We know
Profit = S.p - C.p
Profit = ₹(3500 - 2000)
Profit = ₹ 1500
Profit % = (profit × 100)/C.p
= ₹ (1500 × 100)/2000
= ₹ 150000/2000
= 75%
Hence,
profit % of an article is ₹ 75%.
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