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Question

If the selling price of a TV set is equal to 65 of its cost price, find the gain per cent.

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Solution

Let the CP of the TV set be ₹x.
SP of the TV set = 65CP=65x
Gain = SP of the TV set − CP of the TV set = 65x-x=x5
Gain% = GainCP×100%=x5x×100%=1005%=20%

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