The cost of a bag is 350 ruppees and it is sold for 490 ruppees What is the profit percent?
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Cost price= Rs. 350
Selling price= Rs. 490
Gain = SP - CP = 490 - 350 = Rs. 140
∴ Gain Percentage = (100%)
= (100%)= 40%
∴ The shopkeeper makes a profit of 40%
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