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Question

A shopkeeper buys an article for 735 and sold it for 850, find his profit or loss.


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Solution

The cost price of an article =735,

the selling price of the article=850

As the selling price of the article is more than the cost price of the article, there is s profit.

Profit=selling price -cost price

=850-735=115

Hence, the shopkeeper earns a profit of 115.


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