A man bought an almirah for ₹18250. He sold it for₹19710. Find his gain percentage
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Answer :
8%
Step by step explanation:
C.P. of the almirah = Rs. 18250
S.P. of the almirah = Rs. 19710
Since, S.P. is greater than C.P., there is a gain.
Gain = (S.P ) - ( C.P.) = Rs.( 19710 - 18250) = Rs.1460.
Hence, Gain percent = (Gain/ C.P. × 100) %
= (1460/18250 × 100) %
= 8%
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