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in Profit and Loss by (56.3k points)

Find the gain or loss per cent, when:

(i) C.P. = Rs 4000 and gain = Rs 40.

(ii) S.P. = Rs 1272 and loss = Rs 328

(iii) S.P. = Rs 1820 and gain = Rs 420.

1 Answer

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Best answer

(i) Given CP = Rs. 4000, gain = Rs. 40

Gain % = {(Gain/CP) x 100) %

= {(40/4000) x 100} %

= (0.01 x 100) %

Gain % = 1%

(ii) Given SP = Rs. 1272, loss = Rs. 328

Loss = CP – SP

Hence, CP = Loss+ SP

= Rs. 328 + Rs. 1272

= Rs. 1600

Loss % = {(Loss/CP) x 100} %

= {(328/1600) x 100%

Loss % = 20.5%

(iii) Given SP = Rs. 1820, gain = Rs. 420

Gain = SP – CP

CP = 1820 – 420

= Rs. 1400

Gain % = {(Gain/CP) x 100} %

= {(420/1400) x 100 %

Gain % = 30%

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