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If a product is bought for $80 and sold for $100, what is the profit?
Practice Questions
Q1
If a product is bought for $80 and sold for $100, what is the profit?
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Questions & Step-by-Step Solutions
If a product is bought for $80 and sold for $100, what is the profit?
Steps
Concepts
Profit Calculation
– Understanding the formula for profit, which is the difference between selling price and cost price.
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