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Question

A shopkeeper bought a mobile phone for Rs.8000 and sold it@ the profit of 12 1/2%.what was his profit in Rupees?

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Solution

Dear student
C.P of mobile =Rs8000Profit%=1212%=252%So, Selling price=100+Profit%100×C.P=100+252100×8000=225200×8000=Rs9000
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