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1. Amin purchased aTape-recorder at 9/10 of its selling price and sold it 8% more than its SP. His gain is--
- A. 18%
- B. 18%
- C. 18%
- D. 18%
Answer: Option B
Explanation:
Let us assume that the S.P, that is Selling price of the tape recorder is S. We are also given that then he sold the tape recorder at the cost 8% more than the selling price. Now we need to find the percentage gain. Hence, we get gain percent equal to 20%.
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