If selling price is Rs 256 and Profit is Rs 56. Find the cost price and profit percent.
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Answer:
c.p. is 256 - 56= 200 and profit=56/200×100=23%
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- we know SP - CP = PROFIT ;
CP = 256 - 56 = 200
Profit percentage = (profit / Cp)× 100
% = 28%
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