if a cupboard is bought for ruppes 2500 and sold in ruppes 3000 find the percent or loss persent
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Given :
Cost price of cupboard = 2500 Rs
Selling price of cupboard = 3000 Rs
To find :
Profit / Loss percent of cupboard = ?
Solution :
Selling price > Cost price
From this we understand that there's a profit
Profit = Selling price - Cost price
= 3000 - 2500
= 500 Rs
The profit percentage of the cupboard is 20 %
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