Profit and loss per cp=500 sp=750
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given CP=500,SP=750
as CP<SP, so,it is a gain.
gain=SP-CP=750-500=250
gain%=gain/CP×100
=250/500×100
=50%.
as CP<SP, so,it is a gain.
gain=SP-CP=750-500=250
gain%=gain/CP×100
=250/500×100
=50%.
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