The profit is Rs 50 and the selling price is Rs. 1050. Find the profit perce
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Formula to calculate cost price if selling price and profit percentage are given: CP = ( SP * 100 ) / ( 100 + percentage profit). Formula to calculate cost price if selling price and loss percentage are given: CP = ( SP * 100 ) / ( 100 – percentage loss ).
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Answer: sorry but ask question correctly
Which I understand ,
Your answer is ,
Cost of buying = selling price -
profit margin
= 1050 +50
= 1000
Hopefully it is right
Thanks
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