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deepak kumar singh

· started a discussion

· 1 Months ago

112 is cost price or selling price (Question:182147.0)

Profit percent is ratio of profit to cost price not selling price

Question:
By selling 112 m of cloth a merchant gains the cost of 48 m of cloth. Find his gain %:
Options:
A) 42.86%
B) 43.86%
C) 44.86%
D) 45.86%
Solution:

\(\cfrac{48}{112}\times100\)

= \(\cfrac{300}{7}\) 
= 42.86%.

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