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  1. Cost price of 100 books is equal to the selling price of 60 books. The gain percentage/loss percentage is
    1. 66
      3
      %
      2

    2. 67%
    3. 66%
    4. 66
      2
      %
      3

Correct Option: D

Let C.P. of each book = Re. 1
∴ C.P. of 60 books = Rs. 60
S.P. of 60 books = Rs. 100
Gain = S.P. of 60 books - C.P. of 60 books = 100 - 60 = Rs 40

∴ Gain percent =
Gain
× 100
C.P. of 60 books

Gain percent =
40
× 100
60

Gain percent =
200
= 66
2
%
33

Second method to solve this question :
Here, p = 100, q = 60
Gain % =
p - q
× 100
q

Gain % =
100 - 60
× 100
60

Gain % =
200
= 66
2
%
33



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