Rakesh bought a CD for rupees 750 and sold it for rupees 875 find his gain percent
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Hi,
Profit= SP-CP
875-750=125
So there is rupees 125 profit.
Profit% is Profit/CP ×100
125/750 is 0.166666667
0.166666667×100= 16.6666667%
So your answer is 16.6666667%
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