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Profit and Loss

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  1. By selling an article for Rs. 100, one gains Rs. 10. Then the gain percent is ?
    1. 9%
    2. 10%
    3. 111/9
    4. None of these
Correct Option: C

S.P. = Rs. 100, gain = Rs. 10
∴ C.P. = S.P. - gain = Rs. 90
∴ Gain% = (10 / 90) x 100 % = 111/9%


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