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Question

A person sells an article for Rs. 550, gaining 110 of its C.P. Find gain percent.

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Solution


Let the C.P. of the article be Rs.x Then,

Gain=110 of Rs.x=Rs.x10

Now, Gain%=(GainC.P.×100)%

Gain%=(x10x×100)%=x10×1x×100%=10%


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