A man purchases a T.V. set for Rs. 3,100 and incurs Rs. 100 as overhead expenses on that set. He sold it for Rs. 4000. Find this percentage gain.
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CP = ₹3100
Overheads = ₹100
Then
Total CP = ₹3100+₹100 = ₹3200
SP = ₹4000
Then
Gain = SP-CP = ₹4000-₹3200 = ₹800
Gain% = Gain × 100/CP = ₹800× 100/₹3200 = 25%
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Answer:
900 rs
Explanation:
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