1)The ratio of the cost price to selling price of an article is 25:26 find the gain percent?
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Answer:
profit% = 4 %
Step-by-step explanation:
CP = 25x
SP = 26x
profit = SP - CP.
profit= ( 26 - 25)x
profit = 1x
profit% = Profit × 100
_____________
CP
profit% = 1x × 100
_______
25x
profit% = 1 × 100
________
25
profit % = 100
_____
25
profit% = 4% (ans)
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