Find the profit or loss in each of the following C.P 175 S.P 275
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Answer:
Profit of Rs 100 .
Step-by-step explanation:
We are given that Cost Price, C.P. = Rs 175 and Selling Price, S.P. = Rs 275
Since, S.P. > C.P. ⇒ it means there is a Profit
Profit = S.P. - C.P.
= Rs ( 275 - 175) = Rs 100
Therefore, there is a Profit of Rs 100.
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