The selling price of an article is 5/4 of the cost
price, The gain percent is:
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Answer:
Given, C.P.=54S.P.
Therefore, S.P.=45C.P.
Since, SP>CP, there is a gain
Gain =S.P.−C.P.=45C.P.−C.P.=41C.P.
Gain % =C.P.Gain×100=41×100=25 %
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