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ICSE Class 8 Answered

Chander purchased a watch at 20% discount on iys marked price but sold it at the marked price. Find the gain percent on chander on the transaction 
Asked by gulnazrani2000 | 08 Mar, 2020, 08:18: PM
answered-by-expert Expert Answer
 
 
Let the Marked price of a watch = Rs. 100
 
Discount = 20%
 
20% of 100 = Rs. 20
 
Cost Price of a watch = 100 - 20 = Rs. 80
 
Selling Price of a watch = Rs. 100
 
Gain = S.P - C.P = 100 - 80 = 20
 
Gain % = (gain/C.P)× 100 = (20/80) × 100 = 25%
 
 

Answered by Yasmeen Khan | 09 Mar, 2020, 06:07: PM

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