four tables were purchased for rs800 two of them were sold for rs500 and other two for rs250 find out the percentage of profit and loss
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Step-by-step explanation:
cost price of four table=800.
sp of 2 table=2×500=1000
sp of another 2 table=2×250=500
total sp =1000+500=1500.
sp>cp
gain=1500-800=700
gain%=(gain/cp)×100
=(700/800)×100
=(7/8)×100
=87.5%
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