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Find the gain or loss percent when CP = ₹345 and SP = ₹372.60.

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

372.60 – 345 = 27.60

Gain% = (Gain × 100) / CP

= (27.60 × 100) / 345

= 8%

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