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A table is bought for ₹ 4500 and sold for ₹ 4800. Find the profit or loss.

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A table is bought for ₹ 4500 and sold for ₹ 4800. Find the profit or loss.

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C.P = ₹ 4500

S.P. = ₹ 4800

Here S.P < C.P

Profit = S.P – C.P 

= ₹ 4800 – ₹ 4500 

= ₹ 300

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