\begin{array} { l } { \text { Find the gain or loss per cent when: } } – InterviewSolution

InterviewSolution

1.

\begin{array} { l } { \text { Find the gain or loss per cent when: } } \\ { \text { (i) } C P = 620 \text { and } S P = 713 } \end{array}

Answer»

profit % = s.p - c.p / c.p ×100 =93/620×100 =0.15 ×100 =15%

As SP>CP so there is gainGain = SP - CP = 93gain% = (93/620) × 100 = 15%

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