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Profit and Loss Practice Test 10
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© examsnet.com
Question : 6
Total: 28
If the cost price of 23 toys is equal to the selling price of 20 toys, then the gain or loss percentage is:
12
14
15
12
1
2
Validate
Solution:
CP of 23 toys = SP of 20 toys
CP of 23 toys = Rs 23
SP of 20 toys = Rs 23
SP of 23 toys
=
23
20
×
23
=
26.45
Gain/Loss%
=
26.25
−
23
23
×
100
=
15
%
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