If profit = Rs. 100, and S.P.= 600, then the profit% is
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Answer:
Now,
we have to find the cost price
Step-by-step explanation:
By using formula: S.P - P
C.P= 600-100
=500
Now,
we have to find profit percent
By using formula: P/CP × 100
According to the question
profit % = 100/ 500 ×100
= 20%
Hence,
profit percent is 20%
I hope it will work
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