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A person buys a book for ₹ 200 and sells it for ₹ 225. What will be his gain percent?

Correct Answer: 12.5%

Explanation:

Given that, CP = ₹ 200 and SP = ₹ 225
Profit = SP - CP = 225 - 200 = ₹ 25
∴ Gain% = [profit/CP] x 100%
= (25/200) x 100% = 12.5%


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