3 'A' buys a radio at th of its marked price and sells it at 20% more than the marked price. What is A's gain percent?
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Answer:
Step-by-step explanation:
Let marked price be Rs.x
S.P=Rs.x+20%=Rs.x+20/100
Gain=S.P-C.P
x+20/100-x
120x/100-x=20x/100=x/5
Gain=x/5
Gain%=G/C.P of 100%
x/5/x of 100%
(x/5 of 1/x)×100%
x/5x×100%
x and x cancel
1/5×100%
20%
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