Suresh buys and bicycle for Rs 4,500 and spends Rs 600
on its repairing of tyres and Rs 7000 . Find profit
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Step-by-step explanation:
Cost Price (C.P.) = Rs. (4700 + 800) = Rs. 5500
Selling Price (S.P.) = Rs. 5800
Gain = (S.P.) - (C.P.) = Rs. (5800 - 5500) = Rs. 300
Gain%=(3005500×100)%=5511%
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