find the gain or loss percent in the value C.P=R.S 50 ;S.P=42
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Answer:
Gain % = ( (Sp-cp )/ CP × 100) %
= ( ( 42 -50) / 50 × 100 )
= 8×2
= 16
Loss % = ( ( Cp-Sp) / Cp × 100 ) %
= ( ( 50 -42 ) / 50 × 100)%
= 8× 2
= 16
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