Question

A man bought 40 fans at Rs. 20000 and sold them at a gain equal to selling price of 8 fans. Find the gain percent
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Answer 1

Answer:

according to question :-

CP of 40 fans = 20000

CP of 8 fans = 20000/40*8 = 500*8 = 4000

SP of 8 fans = 4000

gain = 4000

gain% = 4000/20000*100 = 20%

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