Tell what is profit or loss in the following transactions. Also find profit percent or loss percent in each case:
(i) Gardening shears bought for ₹ 250 and sold for ₹ 325.
(ii) A shirt bought for ₹ 250 and sold at ₹ 150.
Solution:
By selling a fan for ₹ 810, a dealer makes a profit of ₹ 60. What is the cost price of the fan? What is his profit percent?
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