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Question
Find the gain or loss percent, if C.P. = Rs. 550 and gain = Rs. 22
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Solution
C.P. = Rs. 550 and gain = Rs . 22
∴ S.P. = C.P. + gain
= Rs. 550 + Rs. 22 = Rs. 572
Gain % =`("Gain" xx 100)/"C.P" = (22 xx 100)/550 = 4%`
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