if a person buys a thing for 15 rs and then sells it for 18 rs, then what is his profit percentage
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Answer:
20%
Step-by-step explanation:
cost price = 15 Rs
selling price = 18 Rs
s.p > c.p
=> profit
so profit = s.p - c.p = 18-15 = 3
we know profit % = (profit x 100)/c.p
so here, the profit % = (3*100)/15
= 300/15
= 20 %
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