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Question
Find the gain or loss percent, if C.P. = Rs. 450 and S.P. = Rs. 400
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Solution
C.P. = Rs. 450 and S.P. = Rs. 400
∴ Loss = C.P. - S.P.
= Rs. 450 - Rs. 400 = Rs. 50
Loss % =`("Loss" xx 100)/"C.P" = (50 xx 100)/450 =100/9 = 11 1/9%`
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