If Ram buys a product for Rs 1280 and sells it for Rs 1500, then the p

1.	If Ram buys a product for Rs 1280 and sells it for Rs 1500, then the profit % is
Answer» <html><body><p>Step-by-step explanation:Cost price of the cycle = <a href="https://interviewquestions.tuteehub.com/tag/rs-625947" style="font-weight:bold;" target="_blank" title="Click to know more about RS">RS</a>. 1200 Selling price of the <a href="https://interviewquestions.tuteehub.com/tag/cycles-942474" style="font-weight:bold;" target="_blank" title="Click to know more about CYCLES">CYCLES</a> = Rs. 1500 SP > CP ⇒ there is a <a href="https://interviewquestions.tuteehub.com/tag/gain-469945" style="font-weight:bold;" target="_blank" title="Click to know more about GAIN">GAIN</a>. ⇒ Gain = SP - CP = 1500 - 1200 = Rs. 300 ∴ Gain Percentage = CP Gain (100)% = 1200 300 (100)%=<a href="https://interviewquestions.tuteehub.com/tag/25-296426" style="font-weight:bold;" target="_blank" title="Click to know more about 25">25</a>% ∴ The shopkeeper makes a profit of 25%</p></body></html>

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