A shopkeeper purchased 200 maggi for Rs. 10 each . He sold them at Rs.12 each. Find the gain or loss %.
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cost price = 10 x 200
= Rs. 2000
selling price = 12 x 200
= Rs. 2400
gain = 2400 - 2000
= Rs. 400
gain % = (gain x 100)/ cost price
= (400 x 100)/2000
= 20%
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