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Question

Find gain amount, when CP=Rs.56.25 and Gain=20%?


A
Rs.72
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B
Rs.11.25
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C
Rs.50
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D
Rs.75
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Solution

The correct option is B (Rs.11.25)
Given CP=Rs. 56.25 and Gain=20%
Since, Gain amount=Gain% of C.P
=Gain100×C.P
=20100×56.25
=0.2×56.25
Therefore gain amount =Rs. 11.25


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