on selling 100 pencils a man gains the selling price of 20 pencils his gain percentage is
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gain of 20%
Step-by-step explanation:
let the cp of 1 pencil be ₹1
cp of 100 pencils=₹100
profit = sp of 20 pencils
sp of 100 pencils = ₹120
profit%=profit/cp×100
profit%=20%
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