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Q.1.    Tell what is the profit or loss in the following transaction. Also find profit per cent or loss per cent in each case.

           (b) A refrigerator bought for Rs 12,000 and sold at Rs 13,500.

Answers (1)


Given that,
CP = Rs 12000
SP = Rs 13500

SInce SP > CP
Therefore, Profit = SP - CP = 1500

and, Profit % 
\Rightarrow \frac{1500}{12000}\times 100 = 12.5\%

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