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in Profit and Loss by (49.9k points)
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On selling a bat for ₹ 100, a man gains ₹20. His gain % is

(a) 20% (b) 25% (c) 18% (d) 22%

1 Answer

+1 vote
by (48.6k points)
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Best answer

(b) 25%

Because,

Selling price of bat = ₹ 100

Amount gain by selling bat = ₹20

Cost price of the bat = (100 – 20)

= ₹ 80

Gain % = {(gain/CP) × 100}

= {(20/80) × 100}

= {(20/20) × 25}

= 25%

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