Articles are bought at 45 per dozen and and sold at 85 per score find the gain or loss percent
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Cost price = 45 per dozen
Selling price = 85 per dozen
So, profit = Selling price - Cost price
= 85 - 45
= 40 per dozen
Profit percentage = Profit × 100 / Cost price
= 40 × 100 / 45
= 4000 / 45
= 88.88%
So, Gain percent is 88.88%
Hope it helps.
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