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A man buys a toy for Rs. 25 and sells it for Rs. 30. His gain percent is = ?
Answer & Solution
Correct Answer:
Option
A
According to the question,
Cost price = Rs. 25
Selling price = Rs. 30
Profit = Selling price - Cost price
= 30 - 25
= Rs. 5
$$\eqalign{ & {\text{Profit}}\% = \frac{5}{{25}} \times 100 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = 20\% \cr} $$
Cost price = Rs. 25
Selling price = Rs. 30
Profit = Selling price - Cost price
= 30 - 25
= Rs. 5
$$\eqalign{ & {\text{Profit}}\% = \frac{5}{{25}} \times 100 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = 20\% \cr} $$
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