The C.P of an shelf is Rs. 20,000. The transport charge are Rs 500.
if is sold Rs. 30,000. Find the profit and loss per cent?
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Answer:
total initial expenditure=20000+500=20500
SP = 30000
profit = 30000 - 20500 = 9500
this profit is on 20500
profit in % = (9500/20500) × 100 = 46.34
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