Find the cost price of an article which is sold for rupees 1080 at the gain of rupees 180 .Find the gain percent .
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Answer:
★ Gain % = 20% ★
Step-by-step explanation:
Given:
- Selling price of an article is Rs 1080
- Profit made is Rs 180
To Find:
- What is gain or profit percent?
Solution:
★ Cost Price = Selling Price – Profit ★
C.P = (1080 – 180)
C.P = Rs 900
Hence, Cost price of article was Rs 900
• To find gain percent we use formula:-
★ Profit% = Profit/ C.P x 100 ★
Profit% = 180/900 x 100
Profit% = 18000/900 = 20%
Hence, His gain% was 20%
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