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Question

Sarthak bought a calculator for Rs. 400 and sold it for Rs. 480. Find his gain and gain%

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Solution

Dear Student,

Cost price of Calculator = Rs 400Selling price = Rs 480Profit = Rs480-400 = Rs 80Profit%age = 80400×100 = 20%Hence, sarthak gain 20% on selling a calculator.

Regards

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