What is the profit or loss in the following transactions. Also find profit percent or loss percent in each case:-Gardening shears bought for Rs. 250 and sold for Rs. 325
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The cost price of gardening shears = Rs. 250
The selling price of gardening shears Rs. 325
Since S.P. > C.P. therefore here is profit.
.. Profit = S.P. - C.P. = 325 - 250 = Rs. 75
Now Profit% =
Profit C.P X 100
75 250 x 100 = 30%
Therefore, Profit Rs. 75 and Profit% = 30%
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