if mahesh buys a mobile phone for rupees 1000 and sells it for rupees 1200. find profit and profit percent
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Answer:
profit = Rs. 200, profit % = 20%
Step-by-step explanation:
Profit = Selling Price - Cost Price
Profit = 1200 - 1000
= 200
NOW,
Profit % = Profit/Cost price × 100
= 200/1000 × 100
= 20%
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