an article was bought for Rupees 3750 and sold for rupees 5000 calculate the profit or loss percent
an article was bought for Rupees 3750 and sold for rupees 5000 calculate the profit or loss percent
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Cost price = 3750 rupee
Selling price = 5000 rupee
Profit = CP is less than SP
Profit = SP - CP
= 5000 - 3750,
= 1,250
P% = P / CP × 100
1250 / 3750 × 100 = 33.33 %