Rajesh purchased an electronic item from a wholesaler. Item was marked for Rs. 2500. Wholesaler offer a discount of 20%. Rajesh sold the item for Rs. 2300. Find his profit or loss %.
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Answer:
discount =20/100 ×2500
=500
Rajesh purchase =2500-500
=2000
sp of item =2300
profit =2300-2000
=300
profit %=300×100/2000
15%
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