Sonu bought a bicycle for Rs.3750 and spent Rs. 250 on its repairs the sold it for Rs. 4400 find his loss or profit percentage
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Total CP = Rs 3750+Rs 250
= Rs 4000
SP = Rs 4400
SP > CP
Profit = SP - CP
= Rs 4400 - Rs 4000
= Rs 400
Profit percentage = P/CP×100
=Rs400/Rs4000 × 100
= 10%
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