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A person purchased an item ( 9/16)th of its selling price and sold it 8% more than its SP. Find the gain percent. |
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Answer» GIVEN, C.P.= 100 70
×S.P.=0.7S.P. Since S.P. > C.P, there is a profit Profit % = C.P S.P.−C.P.
×100= 0.7C.P. S.P−0.7S.P.
×100=42 7 6
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