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Mohan buys a chair for Rs. 150 and sells...

Mohan buys a chair for Rs. 150 and sells it for Rs. 160. Find his profit or loss per cent.

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Here C.P. of chair= Rs. 150
and S.P. of chair = Rs. 160
Profit= Rs. (160-150) Profit per cent = `("Profit" xx 100)/("Cost price")`
= `(10 xx 100)/(150)`
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