The cost of a cricket bat increased from ₹ 520 to ₹ 550. Calculate the percent increase in the cost of bat.
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5%
Step-by-step explanation:
profit = 550-520 = 30
percentage = profit/CP × 100
= 30/520×100
= 3/52 × 100
= 3/26 × 50
= 3/13 × 25
= 75/13
= 5%
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