Answer:
CP = 4500
SP = 5175
As the SP is greater than the CP, it is a profit
Profit = 675
Profit percent = (Profit / CP) * 100
=> (675/4500) * 100
=> 675/45 (As the 2 zeros of hundred in the numerator is cancelled by the 2 zeros of the 4500 in the denominator)
=> 15 (Once you divide 675 by 45)
=> 15 % profit
Therefore, Profit = 15 %
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