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Tell what is the profit or loss in the following transactions. Also find profit per cent or loss per cent in each case. Gardening shears bought for ₹ 250 and sold for ₹ 325. Tell what is the profit or loss in the following transactions. Also find profit per cent or loss per cent in each case. Gardening shears bought for ₹ 250 and sold for ₹ 325.
Dear StudentFrom the question, it is given thatCost price of gardening shears =₹250Selling price of gardening shears =₹325Since (SP) > (CP), so there is a profit Profit = (SP)–(CP)=₹(325 - 250)= ₹75Profit % = {(Profit/CP) × 100}= {(75/250) × 100}= {7500/250}= 750/25= 30%Thanks
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