2. Find the selling price in each of the following cases :
(i) C.P. = 5000, gain = 10% (ii) C.P. - 6500, loss = 20%
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Explanation:
(1)we know,
SP=(100+gain%)×CP
=(100+10)×5000
=110×5000
=550000
(2)we know,
SP=(100-loss%)×CP
=(100-20)×6500
=80×6500
= 52000
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