cost price 5x and selling price 3x . what is gain percentage
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Answer:
There's a loss, as selling price < cost price ; 3x < 5x.
loss % = 40 %
Explanation:
loss = 5x - 3x = 2x
loss % = loss * 100 / CP
= 2x * 100 / 5x
= 40 %
Thanks, have a great day ahead ! ; )
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