Arithmetic Aptitude :: Profit and Loss
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A shopkeeper sells some articles at the profit of 25% on the original price. What is the exact amount of profit? To find the answer, which of the following information given in Statements I and II is/are necessary?
I.Sale price of the article.
II.Number of articles sold.
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A shopkeeper sells some toys at Rs. 250 each. What percent profit does he make? To find the answer, which of the following information given in Statements I and II is/are necessary?
I.Number of toys sold.
II.Cost price of each toy