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Question
Find the gain or loss percent, if C.P. = Rs. 200 and S.P.: = Rs. 224
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Solution
C.P. = Rs. 200 and S.P. = Rs. 224
∴ Gain = S.P. - C.P.
= Rs. 224 - Rs. 200 = Rs. 24
Gain % =`("gain" xx 100)/"C.P" = (24 xx 100)/200 = 12%`
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