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Question

A shopekeeper bought a table for 800 and sold it for 1000. The gain percent is


A

25%

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B

20%

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C

10%

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D

15%

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Solution

The correct option is A

25%


Cost Price of the table (CP) =800

Selling Price of the table (SP) =1000

Gain Percentage (G%) =SP-CPCP×100%

Gain Percentage (G%) =1000-800800×100%=25%

Hence, the gain percentage for the shopkeeper is 25%.


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