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Find the gain or loss percent when CP = ₹620 and SP = ₹713.

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Find the gain or loss percent when CP = ₹620 and SP = ₹713.

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We know that SP is more than CP so it’s a gain.As the formula states Gain = SP – CP

713 – 620 = 93

Gain% = (Gain × 100) / CP

= (93 × 100) / 620

= 15%

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