Find the profit or loss per cent in each of
the following cases:
C.P. = 400, S.P. = 464
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Answer:
Profit = S.P. - C.P. = 464 - 400 = 64
Profit % = Profit × 100 / C.P.
= 64 × 100/400 = 64 × 1/4 = 16%
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