Find the gain or loss per cent in the following cases :
(iii) C.P R.S 600; gain R.S 50
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Gain percent = 8.334%
Step-by-step explanation:
Given:
Cost Price = R.s 600
Gain = R.s 50
Gain percent = ?
Note: if there is loss given, then we have to calculate loss percent
Computation of Gain percent:
Gain percent = [ Gain / Cost Price ] × 100
Gain percent = [ 50 / 600 ] × 100
Gain percent = [ 0.0833333 ] × 100
Gain percent = 8.334%
Therefore, the gain percent is 8.334%
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