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The cost price of 20 articles is same as the selling price of 16 articles. Find the gain percent. |
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Answer» C.P. of 20 articles = S.P. of 16 articles. Let C.P. of 1 article = Re. 1 C.P. of 20 articles = Rs.20 and C.P. of 16 articles = Rs.16 S.P. of 16 articles = Rs.20 [S.P. of 16 articles = C.P. of 20 articles] Gain = Rs.20 – Rs.16 = Rs.4 Gain% = (4/16) x 100 = (4 x 100)/16 = 25% |
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