rahul bought a second hand car for $85,000he then sold for 1,02,000 find his gain or loss%
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Rahul brought a second hand car ( CP) = $ 85000
He sold ( SP ) = $ 1,02,000
SP > CP ( Profit / Gain )
Gain = SP - CP
= $17000
Gain percentage = Gain × 100 divided by CP
= $17000 × 100 divided by $85000
= $ 20
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