By selling an article for 2,500, a man gains 20%. Find his gain.
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Answer:
His gain is Rs 416.67
Step-by-step explanation:
Given SP= Rs 2500
Gain=20%
Let us say CP = X
( X × 120/100)=2500
X=(2500×100/150)
X=Rs 2083.33
Gain=SP-CP=2500-2083.33=Rs416.67
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