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Find the SP when CP is ₹ 40 and gain is 25%.

Correct Answer: ₹ 50

Explanation:

SP = 125% of CP [∵ SP = {(100 + Gain%)/100} x CP]
= {125/100} x 40
= (5/4) x 40 = 5 x 10 = ₹ 50


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