By selling an article for 100, a man gains ₹15. Find his gain%. . ans is 11 17/17
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The gain percentage is 17.65 approx .Gain percentage is always calculated based on cost price . Hence the cost Price is 100-15=Rs.85 .The gain percentage =(Gain/C.P)*100 i,e (15/85)*100=17.647
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Cost price= selling price - profit
That is 85= 100–15
Cost price is 85
Gain percentage= profit/cost price x 100
I.e. 15/85 x 100= 17.6%
Gain percentage is 17.6%
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