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Profit and loss
A company bought a machine for ₹5,000 and spent an additional ₹1,000 on transportation and installation. The company then sold the machine for ₹7,500. Calculate the profit percentage gained by the company on the machine’s sale.
A company bought a machine for ₹5,000 and spent an additional ₹1,000 on transportation and installation. The company then sold the machine for ₹7,500. Calculate the profit percentage gained by the company on the machine’s sale.
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