A shopkeeper bought a book for RS. 560 and sold it for RS. 600. Find his profit percent?
Answer: 7.14%
Explanation
To find the profit percentage:
Cost Price (CP) = 560
Selling Price (SP) = 600
Profit = SP - CP
= 600 - 560
= 40
Profit percentage = (Profit / CP) * 100
= (40 / 560) * 100
= 7.14%
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