table is bought for Rs. 950 and sold at Rs. 40, find the gain percent.
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Cp=950
Sp=40
CP is greater then SP so it is loss if the SP is greater then CP then it will be a profit
Loss=950-40=910
Profit percent = Profit/Loss×100÷Cp
That is= 910×100÷950
= 91000÷950
= 95.78
Profit percent = 95.78
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