A man loses 28% by selling an article for ₹144. If he sells it for ₹288, what will be his gain/loss percentage?
Given:
Loss Percentage = 28%
Selling Price (SP) = ₹144
Concept Used:
The Cost Price (CP) can be found using the formula:
Once CP is determined, the Gain/Loss Percentage for a new selling price can be calculated using:
Solution:
=44% Gain
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