an object was bought for rs5000 and sold for rs 6500.Find gain and gain %
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and the gain is ₹1500
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Answer:
Profit % = Profit / CP × 100
= 6500-5000 / 5000 × 100
= 30%
Gain = 1500
Gain = 1500Gain % = 30%
CP means Cost price.
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