If the cp of a pen is ₹25 and sp is ₹28 then gain is
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Answer:
Gain is 3 rupees
He gained 12%
Step-by-step explanation:
Given
Cost price of the pen = rs. 25
Selling price of the pen = rs. 28
Gain is also called profit
Profit = selling price - cost price
Profit = rs. 28 - 25
Profit = rs. 3
Gain % = gain / cost price × 100
Gain % = 3/25 × 100
Gain % = 12%
Hence the person who selled the pen gains rs. 3
His gain per cent is 12%
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