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Question

A man purchased a sewing machine for Rs. 1250 and spent Rs. 250 on its transportation. He sold it for Rs. 1600 find his profit per cent.

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Solution

Cost price of the sewing machine=purchased money+money spent on transportation
=1250+250
=Rs 1500

Selling price of sewing machine = Rs 1600
profit %=S.PC.PC.P.×100=160015001500×100=10015=6.67%

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