if cost prize of 25 books is equal to selling prize of 20 books.calculate gain percent?
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Hey there!
cp × 25 = sp × 20
sp/cp = 5/4
gain % =( sp - cp / cp ) ( 100 )
=( sp / cp - 1 ) ( 100 )
= 5/4 - 1
= 1/4 ( 100 )
Profi % = 25%
Hope my answer helps!
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