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Profit and Loss

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  1. A person buys a book for ₹ 200 and sells it for ₹ 225. What will be his gain percent ?
    1. 13%
    2. 14%
    3. 18.4%
    4. 12.5%
Correct Option: D

Given that, CP = ₹ 200 and SP = ₹ 225
Profit = SP - CP = 225 - 200 = ₹ 25
∴ Gain% = [profit/CP] x 100%
= (25/200) x 100% = 12.5%


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