Rohan bought 20 pairs of shoes at ₹300 per pair. He sold 15 pairs at ₹ 280 per pair. Find his gain or loss per cent
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Answer:
Total cost =300x20=6000
Total sold=15x400+5x300=6000+1500=7500
Profit =7500/6000x100=125%
Net profit percentage=125-100=25%
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