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Question

Find the profit or loss percent if,

S.P=Rs10;Profit=Rs2


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Solution

As it is given that S.P=Rs10;Profit=Rs2

So profitpercent=ProfitC.P×100

Here, C.P=S.P-Profit=10-2=Rs8

Now, profitpercent=ProfitC.P×100=28×100=25%

Hence Profit percent is 25%


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