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1. Find the SP when:(i), CP-7 950, gain-6%O7o(iii) CP1540, loss4% |
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Answer» (i) Gain percentage = ((SP - CP)/CP)*100 6 = ((SP-950)/950)*100 5700/100 = SP - 950 SP = 900 + 57 = 957Rs(ii) Loss percentage = ((CP - SP)/CP)*100 4 = (1540 - SP)/1540)*1009240/100 = 1540 - SP SP = 1540 - 92.4 = 1447.6Rs |
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