Narendra bought an almirah for ₹ 4580 and paid ₹ 150 for its tranportation then he sold it for ₹ 5500. find the gain percent earned by him
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cost of almirah = ₹ 4580
cost of transportation = ₹ 150
Total CP. = ₹ (4580 + 150)
= ₹ 4730
SP = ₹5500
profit = ₹ (5500-4730)
= ₹ 870
profit % = 770 × 100/4730
16.27%
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