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Discussion :: Profit and Loss

  1. By selling 99 pens, a trader gains the cost of 33 pens. Find his gain percentage?
    2. A.
    33 1/3%
    B.
    50%
    C.
    25%
    D.
    66 2/3%
    E.
    None of these

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    Answer : Option A

    Explanation :

    Let the CP of each pen be Rs. 1.

    CP of 99 pens = Rs. 99

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