Ram bought a machine for Rs 2400 and spend Rs 300 transporting charge. He sold it at Rs 3000 . Find i- profit , ii - Profit percent
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Answer:
cost price = 2400 + 300
= 2700
profit = S.P- C.P
= 3000 - 2700
= Rs. 300
profit percent = 300/2700 x100
= 11.11 percent
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