Question
A shopkeeper buys an article for Rs 480 and sells it for
Rs 564. Find his profit percent.Solution
Cost Price (CP) = 480 Selling Price (SP) = 564 Profit = SP β CP = 564 β 480 = 84 Profit% = (Profit / CP) Γ 100 = (84 / 480) Γ 100 = (84 Γ 100) / 480 = 8400 / 480 = 17.5% Answer: 17.5% profit.
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