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Find gain or loss per cent when: C.P = ...

Find gain or loss per cent when:
C.P = Rs. 10-2-
and S.P. = Rs. 8-50

Text Solution

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C.P. = Rs 10.20,
S.P.=Rs 8.50
`therefore` Loss=Rs(10.20-8.50)Hence,
`"Loss"%=((1.70)/(10.20)xx100)%`
`=16 2/3%`
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