An article is sold for Rs. 1200 with a gain of Rs.400. Find the gain %.
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Answer:
S.P of an article = Rs. 1,200
Gain earned from the article = Rs. 400
C.P of the article = S.P - Profit = Rs. 1,200 - 400 = Rs. 800
Gain% = Gain/C.P x 100
⇒ Gain% = 400/800 x 100
⇒ Gain% = 400/8
⇒ Gain% = 50%
So, the gain percentage id 50%
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Answered by
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Answer:
Gain in percentage is =Gain/CP(100)%
400/1200(100)%=33.33% was his profit.
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