By selling 75 apples the seller gains the cost price of 15 apples. find his gain percentage. Please do with all step by step process. It will be easy for me to understand
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Answer:
20% profit
Step-by-step explanation:
suppose the cp is re 1
so the profit on 75 apples = sp of 75 apples - cp of 75 apples
as per the question profit = cp of 15 apples
cp of 15 = sp of 75 - cp of 75
cp of 90 apples = sp of 75
so cp/sp = 75/90
profit as per this ratio is 15 so the profit % = 15*100/75 = 20
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