A person . by selling 48 meters of cloth gained the cost of 16 meters. Find the gain per cent .
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Gain percentage 33 1/3% or 33.33%
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Answer:
sp m. = 48 m.
gain= 16m.
so, cp= 48-16 m. = 32m.
last step:
gain % = (16/32)×100
= 16:32=1:2
so, 1/2 ×100 =50
Hence GAIN% = 50%
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