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If selling price of 80 articles is equal to the cost price of 100 articles, then find the gain percentage.

Solution

Correct Option: 2

Let CP per article = 1. Then CP of 80 articles = 80, and SP of 80 articles = 100 (equal to CP of 100).

Profit = 100 - 80 = 20.

Gain % = 2080×100=25%\frac{20}{80} \times 100 = 25\%.

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