raman purchase a purse at 25%discount on its marked price but sold it at the marked price . find the gain per cen of rajan on this transaction
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33.33% will be the answer
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desiboyz3:
what is answer
33×1/3%
correct he
fraction me 33.33% = 33 1/3 %
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2
let the MP be x
After discount price will become = x - 25/100 of x = 75/100 of x
He sold it again at MP so SP will be same as MP, SP = x
And discounted price will become CP, CP = 75/100 of x
Gain = x - 75/100 of x
= x - 3x/4
= x/4
Gain percent = gain/cp * 100
= (x/4) / (3x/4) * 100
= 100/3
= 33.33 %
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