A) 120%
B) 160%
C) 40%
D) 60%
Correct Answer: D
Solution :
Let the cost price be Rs. x. Selling price = Rs. \[\frac{8}{5}x\] \[\therefore \]Gain\[=\frac{8x-5x}{5}\]= Rs. \[\frac{3x}{5}\] Now, gain per cent \[=\frac{5}{x}\times 100=\frac{3}{5}\times 100=60%\]You need to login to perform this action.
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