Aptitude Question:
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Selling a car gains 25% on SP. What %gain on CP?
a) 15
b) 25
c) 33.33
d) 47.5

Answer:

For these problems use formula

profit on SP =x% then profit on CP= x /(100-x) :

profit on CP =x% then profit on SP= x /(100+x);

here profit on CP=25/(100-25)

=25/75

=.3333

% gain on CP is 33.33%

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