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A radio was brought for 4000 was sold for 5000 calculate the percentage profit

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The Net Profit Margin is given by the next formula:

Profit=(Revenue-Cost)/Revenue

So, in the case of the radio described by the problem, we get that the profit was:


\text{Profit}=((5000-4000))/(5000)=(1)/(5)=0.2

And this expressed in percentage is 20%

Therefore, the percentage profit is 20%

User Satoru Kikuchi
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