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36.Zafar bought a plot of land for Rs, 8,50,000 and later sold the same forRs, 11,90,000. Express his profit in cash and in percent. |
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Answer» P = Rs. 3,40,000, P% = 40% Step-by-step explanation: P = S.P - C.P = 1190000 - 850000 = Rs. 3,40,000 P% = P/C.P × 100 = 340000/850000 × 100 = 0.4 × 100 = 40% Therefore, Zafar earned a profit of Rs. 3,40,000 and MADE a profit per cent of 40%. |
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