If sp is Rs 115 and profit Rs 15 what is the profit present?
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Step-by-step explanation:
SP = [(100 + Gain%) / 100] * CP. SP = [(100 – Loss %) / 100]*CP.
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Profit or Loss is always calculated on the cost price.
Marked price: This is the price marked as the selling price on an article, also known as the listed price.
Discount or Rebate: This is the reduction in price offered on the marked or listed price.
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