find the profit percent cp =6000 sp= 7000
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Answer:
For person A
Cost price = CP = 6000
Selling price = SP = 7000
Profit gained by A = SP – CP
Profit = 7000 – 6000
Profit = 1000
Person A earned a profit of Rs. 1000.
Similarly, for person B
Cost price = CP = 7000
Selling price = SP = 7500
Profit gained by B = SP – CP
= 7500 – 7000 = 500
Person B earned a profit of Rs. 500.
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