Rohit bought a tape-recorder for $R s . 1, 500$ and sold it for $R s . 1, 800$ . Calculate profit or loss percent.

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Solution

$C . P = R s . 1500$
$S . P = R s . 1800$
$Pr o f i t = 1800 - 1500 = R s . 300$
$\Rightarrow p r o f i t % = \frac{1800 - 1500}{1500} \times 100 = 20 %$

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