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The selling price of 12 articles is equal to the cost price of 15 articles. The gain per cent is?

62/3
20%
25%
80%

Correct Answer: 25%

Explanation:

Let C.P. of each article = Re. 1
Then, C.P. of 12 articles = Rs.12
S.P. of 12 articles = C.P. of 15 articles = Rs. 15
∴ Gain% = (3/12) x 100% = 25%

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