if an article is sold for rupees 800 and profit is 1 upon 4 of it SP then find g a i n and g a i n percentage
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Step-by-step explanation:
Selling price of article = 800;
Profit = (1/4) of selling price = 1*800/4 = Profit (gain) = 200;
Cost Price = Selling price - Profit(gain);
Cost Price = 800-200 = 600;
Profit (gain) in percentage = (200/600)*100 = 33.3%
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