If the gain is one-fifth of the selling price, then the gain percentage is:
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e 25%
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Understanding Tricks |
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Application Let SP = 5 So Gain = 5 × 1/5 = 1 So CP = 4 |
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Now Percentage = 1/4 × 100 = 25% |