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Prices / Charges Related to Buying and Selling

Buy at 30 c...

Question

Buy at $30$ cell at $50$ . What is the profit percentage?

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Solution

Cost price $=$ Rs. $30$
Selling price $=$ Rs. $50$
Gain $=$ Rs. $20$
Profit $% = \frac{G a i n}{c o s t p r i c e} \times 100 = \frac{20}{50} \times 100 = 40 %$

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