Mahindra brought a t.v set for ₹8000 and spent ₹500 on its repair. He later sold it for ₹ 9500. Find his gain percent
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Answer:
11.764%
Step-by-step explanation:
profit% = ((selling price - costprice)/cost price) × 100
= 9500 - 8500/8500 × 100
= 1000/8500 ×100
= 11.764%
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