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By selling an article for Rs. 450, a man loses 10%. The gain or loss per cent if he sells it for Rs. 540 is1). Gain 8%2). Loss 8%3). Gain 9%4). Loss 9% |
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Answer» We have SP = Rs 450 Loss % = 10 % ⇒ CP = SP× 100 / (100 – Loss %) ⇒ CP = 450 × 100 / (100 – 10) ⇒ CP = 450 × 100/90 ⇒ CP = Rs 500 ⇒ New SP = Rs 540 ⇒ GAIN = 540 – 500 = Rs 40 ⇒ Profit % = (Profit / CP) × 100 = (40/500) × 100 = 8% |
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