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Question

If the S.P of 10 articles is the same as C.P. of 12 articles, find the gain percentage.

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Solution

Let CP OF 1 ARTICLE= RS.1
THEN CP OF 10 ARTICLES= 10
AND SP OF 10 ARTICLES= 12
GAIN= SP-CP= 12-10=2
GAIN%= (GAIN/CP)*100 %
=(2/10)*100
=20%

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