Question

Raman had 2500. He spent *750 on a shirt
and 350 on a pair of shorts. Find the ratio
of the amount he spent to the amount he was
left with.​

Answer 1

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Here, the cost price is less than the selling price, so there will be profit.

We know,

Profit % =

C.P

profit

×100

Profit =3000−2500=500

Profit % =

2500/500 ×100

=20%