vaishali purchased a boat for ruppees 145000 and after 3 years sold it for rupees 150000 calculate the profit or loss percentage
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Answer:
3.4%
Step-by-step explanation:
Cost price= 145000
selling price = 150000
as selling price is large is it is profit....so we have to find profit%
profit% = (selling price - cost price / cost price) x 100
profit%= (150000-145000)/ 145000 x 100
profit% = 0.034 x100
profit% = 3.4%
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