Rahul buys an almirah for 2000 rupees and spends 400 rupees as its transportation charges.if he sells the Almirah for 3000 rupees , determine his profit per cent
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Total cost price of almirah = ₹(2000+400) = ₹2400
Selling price of almirah = ₹3000
Profit = Selling price - Cost price
= ₹(3000-2400)
= 600
Profit % = Profit/Cost Price × 100
= 600/2400×100
= 25%
Selling price of almirah = ₹3000
Profit = Selling price - Cost price
= ₹(3000-2400)
= 600
Profit % = Profit/Cost Price × 100
= 600/2400×100
= 25%
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