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 D252% Given that C.P. =80
∴,M.P.=80+50%of80=80+40=Rs120
According to the given condition, S.P.=120−25%of120=120−30=Rs90 Gain=90−80=Rs10 %gain=gainC.P.×100=(10×100)80=252%