Megha bought 10 note book for ₹40 and sold them at₹ 4.75per note book find her gain percent
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10 note books = ₹ 40
1 note book = 40÷10=₹4
so cost price of each book = ₹4
given sp of each book = ₹4.75
sp is more so profit .
profit = sp - cp = 4.75 - 4 = 0.75.
profit percentage = 0.75/4 x 100 = 18.75
In mixed fraction = 18 3/4.
hence gain percentage = 18.75
1 note book = 40÷10=₹4
so cost price of each book = ₹4
given sp of each book = ₹4.75
sp is more so profit .
profit = sp - cp = 4.75 - 4 = 0.75.
profit percentage = 0.75/4 x 100 = 18.75
In mixed fraction = 18 3/4.
hence gain percentage = 18.75
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