An article was bought for Rs.27.50 and was sold for Rs28.60. Find the gain or loss percent.
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Answer:
Step-by-step explanation: We have C.P = Rs. 27.50, S.P = Rs. 28.60
Gain = S.P. − C.P.
=28.60−27.50
= Rs. 1.10
Therefore, gain %=
27.50
1.10
×100=4%
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