gautam bought a car for rs 1,45000 and after some times sold it for rs 1,50,800. find the profit or loss in percentage
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The profit percentage =4%
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CP of car = 1,45,000
SP of car = 1,50,800
SP > CP , he has profit
Profit % = SP - CP /CP*100 = 1,50,800-1,45,000/1,45,000*100
= 5800/1,45,800*100
=4%
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