a man sold a chair for rupees 4500 and gained 1/9 of its cost price. find the gain percent and the cost price of the chair
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Correct option is
D
1191%
Given, S.P.=Rs250
Gain=91×C.P.
=>S.P.−C.P.=91×C.P.
=>910×C.P.=Rs250
=>C.P.=Rs225
And Profit = Rs25
So, Profit % =C.PProfit×100=22525×100=1191 %
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