A grocer buys candies at 10 for ₹8 and sells at 8 for ₹ 10. Find his gain or loss percent
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Answer:
Cost price per egg = 8/10 = 0.8.
Selling price per egg = 10/8 = 1.25.
Gain = 1.25 - 0.8 = 0.45
%gain = (0.45 *100)/0.8 = 56.25%.
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