A bed was purchased for$3750 and$250 were paid for its transportation. If it is sold at a gain of $40, find the gain per cent?
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Answer:
gain 1%
Step-by-step explanation:
CP =3750+250
= 4000 $
take CP as 100%
4000$ = 100%
4040$ = 101%
which is 1 % gain
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