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A book is bought for 350 and sold for R490. Calculate the percentage profit

User Dinakar
by
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1 Answer

1 vote

Answer:

40% profit

Explanation:

percentage profit is calculated as


(profit)/(original) × 100%

profit = selling price - original price = 490 - 350 = R140 , then

percentage profit =
(140)/(350) × 100% = 0.4 × 100% = 40%

User HamzaGhazouani
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