if the cost of an article is ₹500 and selling price is ₹600 then calculate the gain or loss percent
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Answer:
profit percentage = 20%
Step-by-step explanation:
here we will find profit not loss % because here cost price is less than selling price
profit = selling price - cost price
= 600 - 500
profit = ₹100
profit percentage = profit / cost price * 100
= 100/500 *100
profit percentage =20 %
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