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Step-by-step explanation:
ram bought second hand cycle= rs 800
he spent in repairing = rs 100
and in painting = rs 50
total = rs (800+100+50)
= rs 950
ram sell cycle to lalit = rs 1000
= rs (1000-950)
= rs 50
therefore, ram gain = rs 50
percentage = (50/1000) × 100
= (1/20) × 100
= 5%
he gain 5 percent.
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