A

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Q. If the cost price of 23 toys is equal to selling price of 20 toys. Then the gain or loss percentage is ?

  • (A) 12
  • (B) 14
  • (C) 15
  • (D) 12.5
  • Correct Answer - Option(A)
  • Views: 11
  • Filed under category Math
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Explanation by: Admin

Here, a = 23, b = 20
∴ Required percentage profit = [(a - b)/b] x 100 %
= [(23 - 20)/20] x 100% = 15%

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