1)An article was bought for 350, and sold for 630. Find the gain per cent.
2)By selling an article for 2,500, a man gains 20%. Find his gain.
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Answer:
1.cp=350
sp=630
gain=630-350
=280
gain%=gain/cp×100
=280/350×100
=80%
2.sp=2500
gain=20%
=2500×20/100
=500
cp. =2500-500
=2000
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