by selling a book for rs 467.50 sambhu gains rs 27.50 find the gain percentage
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Selling price = 467.50
The gain = 27.50
The cost price = selling price less the gain.
The cost price is thus :
467.50 - 27.50 = 440
The percentage gain is :
27.50 / 440 × 100% = 6.25%
= 6.25%
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