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Jack sold a book for Rs 440. Earlier he bought it for Rs 395. Calculate his profit or loss and profit/loss percentage. TELL STEP BY STEP

Sagot :

Answer:

answer is 11.39% profit

Step-by-step explanation:

SP=Rs440

CP=Rs395

hence,

SP>CP so,profit=Sp-Cp

=440-395

=Rs45

now

profit%= profit amount/CP × 100%

=45×100/395

=11.39%