If a shopkeeper purchases a shop of 400 square yards at cost of 4,60,000 and now he sells it at cost of 1 square yards at 40²₹ what will be the cost of 400 square yards?Would the shopkeeper have profit or loss?
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6,40,000 is the selling price of 400 square yards by shopkeeper
he made a profit of 1,80,000
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