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+1 vote
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in Profit and Loss by (56.3k points)

Shikha purchased a wrist watch for Rs 840 and sold it to her friend Vidhi for Rs 910. Find her gain percent.

1 Answer

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Best answer

Given CP of the wristwatch that Shikha purchased, CP = Rs. 840

The price at which she sold it, SP = Rs. 910

Gain = SP – CP

= (910 – 840)

= Rs. 70

Now Gain % = (Gain/CP) x 100

= (70/840) x 100

= 7000/840

Gain = 8.3%

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