Question
Find the gain or loss per cent when:
$CP = Rs. 2400$ and $SP = Rs. 2592$

Answer

$C.P. = Rs. 2400$
$SP = Rs. 2592$
Gain $= SP - CP$
$= Rs. 2592 - Rs. 2400 = Rs. 192$
$\therefore\text{Gain%}=\frac{\text{Total gain}\times100}{\text{CP}}$
$=\frac{192\times100}{2400}$
$=8\%$

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