Mohan bought a bed for Rs 9 900 and paid Rs 100 for transportation. He sold it for Rs12000.What was his (1)profit (11)profit per cent?
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Profit
Profit Percentage
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Step-by-step explanation:
Profit
=12000 - (9900 + 100)=12000−(9900+100)
= 2000=2000
Profit Percentage
= \frac{2000 \times 100}{10000}=
10000
2000×100
= \frac{200000}{10000}=
10000
200000
= 20\%=20%
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