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Question

An article cost Rs 80 to the vendor. If he marks the article for 50 % more than the cost price and sells it 25 % less than the marked price. What is his gain percentage ?

A
25 %
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B
844 %
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C
252 %
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D
312 %
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Solution

The correct option is D 252 %
Given that C.P. =80

,M.P.=80+50% of 80=80+40=Rs 120
According to the given condition,
S.P.=12025% of 120=12030=Rs 90
Gain=9080=Rs 10
% gain=gainC.P.×100=(10×100)80=252%

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