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Question
Find the gain or loss percent, if C.P. = Rs. 5 and gain = 60 P
Solution
C.P. = Rs. 5 and gain = 60 P
∴ S.P.= C.P. + gain
= Rs. 5 + Rs. 60 P = Rs. 5.60
Gain % =`("gain" xx 100)/"C.P" = (0.60 xx 100)/5 = (60 xx 100)/(100 xx 5) = 12%`
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