Q1. A retailer gets a discount of 40% on the printed price of an article. The retailer sells it at the printed price. His gain precent is
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Let the marked price of an article be ₹100
Cost price of the article
=100 x (100-40)/100
= ₹60
Selling price will be the marked price i.e, ₹100
Gain percentage = (100-60)/60 x 100
= 40/60 x 100
=400/6
= 66.66%
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