a man buys 12 article for rupees 12 and sells them at Rs 1.25 per article. his gain percent is
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Step-by-step explanation:
Cost price of 1 article = ₹1
selling price of 1 article = ₹1.25
As SP > CP, it is profit.
P = SP - CP
P = 1.25 - 1
P = ₹0.25
Gain/profit % = × 100
= × 100
= 0.25 × 100
=
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