a trader bought goods worth N3500 and sold it for N4,200 how much profit was made
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Answer:
20 percent
Step-by-step explanation:
cost price = 3500
selling price = 4200
profit = ?
profit = selling price - cost price
i.e. 4200-3500= 700 rupee
so, percent profit can be found by
profit x cost price
100
=> 700 x 3500 = 20
100
the profit percent is 20.
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