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If a business sells an item for ₹1,200 and incurs a total cost price of ₹1,000, what is the gain percentage?
  • a)
    15%
  • b)
    25%
  • c)
    10%
  • d)
    20%
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
If a business sells an item for ₹1,200 and incurs a total cost price o...
Gain = Selling Price - Total Cost Price = ₹1,200 - ₹1,000 = ₹200. Gain % = (Gain / Total C.P.) × 100 = (200 / 1,000) × 100 = 20%. This percentage reflects the efficiency of the business operation.
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If a business sells an item for ₹1,200 and incurs a total cost price of ₹1,000, what is the gain percentage?a) 15%b) 25%c) 10%d) 20%Correct answer is option 'D'. Can you explain this answer? for Class 8 2026 is part of Class 8 preparation. The Question and answers have been prepared according to the Class 8 exam syllabus. Information about If a business sells an item for ₹1,200 and incurs a total cost price of ₹1,000, what is the gain percentage?a) 15%b) 25%c) 10%d) 20%Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 8 2026 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If a business sells an item for ₹1,200 and incurs a total cost price of ₹1,000, what is the gain percentage?a) 15%b) 25%c) 10%d) 20%Correct answer is option 'D'. Can you explain this answer?.
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