The S.P. of an article is $6 / 5$ of the C.P. Find gain $%$ / Loss $%$ .

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Solution

Let CP be x Then SP= $\frac{6 x}{5}$
Clearly $S P > C P$ , so there is gain
Gain%= $\frac{S P - C P}{C P} \times 100$
$= \frac{\frac{6}{5} x - x}{x} \times 100$
=20%

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