The cost price of an item is ₨ 20,000.The transport charges are ₨ 500.It is sold for ₨ 30,000.Find the profit or loss %
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Answered by
18
Step-by-step explanation:
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Answered by
26
Answer:
Profit % is 46.34%
Step-by-step explanation:
According to the information provided in the question it is given as
Cost price =CP=20000
Transport charges = 500
Sold SP =30000
We need to find the profit or loss %
Cost price + Transport charges =
=20000 + 500
= 20500
Profit =SP- CP
=30000 - 20500
= 9500
So a profit of 9500
% profit=profit x 100 / CP
By putting the value we get the answer
So profit % is 46.34%
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