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

1.	If Ram buys a product for Rs 1280 and sells it for Rs 1500, then the profit % is
Answer» Step-by-step explanation:Cost price of the cycle = RS. 1200 Selling price of the CYCLES = Rs. 1500 SP > CP ⇒ there is a GAIN. ⇒ Gain = SP - CP = 1500 - 1200 = Rs. 300 ∴ Gain Percentage = CP Gain (100)% = 1200 300 (100)%=25% ∴ The shopkeeper makes a profit of 25%

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