Question

An article originally costs rs 5.00 The retailer sells it for rs 7.50. By what percentage does he increase the price? 50 percentage answer
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Answer 1

Answer:

Given C.P.= Rs 5.00

S.P.= Rs 7.50

Gain= S.P. - C.P.

= Rs. 7.50-5.00

= 2.50

Gain % =Profit×100/C.P.

= 2.50×100/5.00

= 50%

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