Ramesh bought a cycle for rupees 5550 and sold it for rupees 6030. find the loss or gain percentage
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if cp is. 5550 and sp is 6030
and when we subtract SP-CP we have gain
so,. 6030-5550= 480
Now, we solve the gain percent
P% = P/CP×100
P% = 480/5550×100= 8.648 approximately
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