Question

If CP = Rs 500 , SP= Rs 620 Find Profit %
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Answer 1

Step-by-step explanation:

$sp > cp = profit \\ profit = sp - cp \\ = 620 - 500 \\ = 120 \\ \\ profit \% = \frac{profit}{cp} \times 100 \\ = \frac{120}{500} \times 100 \\ = \frac{120}{5} \\ = 24\% \: answer$

profit% = 24%

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