A trader at Texas buys a television for $7000 from Florida and sells it in Texas for $7600. If his overhead expenses amount to $1000; find his profit or loss in this transaction and express it as percent.
A trader at Texas buys a television for $7000 from Florida and sells it in Texas for $7600. If his overhead expenses amount to $1000; find his profit or loss in this transaction and express it as percent.
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