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Question

An old T.V set was bought for Rs 1500. some repairs wee done for Rs 375. Then it was sold for Rs 2500. find the profit or lost percentage.

Solution
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CP=1500Repair=375TotalCP=1500+375=1875SP=2500
As SP> Total CP
So profit
Profit%=ProfitCP×100=280018751875×100=6251575×100=1003=3313%

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