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Profit % Loss %

Sonu bought a...

Question

Sonu bought a bicycle for Rs 3,750 and spent Rs 250 on its repairs. He sold it for Rs 4,400. Find his loss or profit percentage.

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Solution

C.P. = Rs. 3750 + 250 = Rs. 4000

S.P. = Rs. 4400

Profit = S.P. − C.P. = 4400 − 4000 = Rs. 400

Profit % =

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