The selling price of an article is 25000 and it's cost price is3/5of it's selling price .find the gain or loss per cent on the article
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Answer:
Gain%=66.6%
Step-by-step explanation:
S.P=25000
C.P=25000*3/5
=15000
As C.P is less than S.P ,it's gain.
Gain=25000-15000=10000
Gain%= gain*100/C.P
=10000*100/15000
=200/3
=66.6%
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Answered by
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- Selling price of article is 25000.
- Cost price is 3/5 of selling price.
- Gain or loss percent on the article.
Cost price is 3/5 of selling price which is 25000.
Cost price = (3/5)(25000)
Cost price = 3×5000
Cost price = 15000
____________________
Cost price is 15000 and selling price is 25000.
So , we can clearly see that there is profit on the article.
Hence , article gained 66.66% of profit.
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