Question 21

K purchased a table for Rs. 11,000 and sold it for Rs. 13,500. What is his gain in percentage?

Solution

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C.P = 11000, S.P = 13500

Gain = 13500 - 11000 = 2500

Gain% = $$\frac{2500\times\ 100}{11000}=22.7$$%.

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