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If a commission of 10% is given on the marked price of an article, the gain is 25%. Find the gain percentage if the commission is increased to 20%.1). 5.5%2). 11.1%3). 15.5%4). 16.3% |
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Answer» ⇒ COMMISION = 10% of 100 = 10 ⇒ SP = 90 ⇒ CP = 90/125 × 100 = Rs. 72 ⇒ New commission = Rs. 20 New SP = Rs. 80 ⇒ GAIN percentage = (8 × 100)/72 = 11.1% ∴ Gain percentage = 11.1% |
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