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Question

Find S.P when gain =16% and C.P = Rs 40.60

A
56
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B
35
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C
45
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D
25
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Solution

The correct option is B 35
Given, gain =16%, C.P. Rs. =40.60
Thus, C.P = Rs. 100116×40.60= Rs. 35
Therefore, S.P. is Rs. 35.

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