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Question 63
By selling an article for ₹2,300, Rekha gains 25%. If she sells it for ₹1955, then her loss/gain percent is:
Solution
S.P = Rs 2300, Gain = 25%
C.P = $$\frac{100}{125}\times2300=1840$$
S.P = 1955
Gain = 1955 - 1840 = 115
Gain % = $$\frac{115}{1840}\times\ 100=6.25\ $$ %.
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