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Question

Raju bought a pen for Rs. 5 and sold it to Krishna for Rs. 10. His gain percentage is

A
25%
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B
50%
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C
100%
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D
200%
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Solution

The correct option is B (100%)
Given, cost price(C.P) =Rs.5 and selling price(S.P) =Rs. 10
Since, S.P>C.P
So, Gain amount =S.PC.P
=105
=Rs. 5

%Gain =GainC.P×100
=55×100
=100%
Therefore, gain percent =100%


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