Calculate the gain or loss percent for CP = Rs.4500 and SP = Rs.5175.

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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