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Question

If eggs are bought 12 for Rs 10 and sold at 10 for Rs 12, what is the gain or loss%?

A
40% loss
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B
44% gain
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C
44% loss
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D
40% gain
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E
None of these
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Solution

The correct option is B 44% gain

% gain or loss =(xwzy1)×100%
=(12×1210×101)×100%=(1441001)×100%
=44100×100%=44%
Since the sign is +ve, therefore there is a profit of 44%.

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