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    A person buys a toy for ₹70 and sells it for ₹91. What will be his gain percentage?
    Question

    A person buys a toy for ₹70 and sells it for ₹91. What will be his gain percentage?

    A.

    50%

    B.

    20%

    C.

    30%

    D.

    40%

    Correct option is C

    Given:

    Cost Price (CP) = ₹70

    Selling Price (SP) = ₹91

    We need Gain %.

    Formula Used:

    Gain = SP - CP

    Gain %=GainCP×100\text{Gain \%} = \frac{\text{Gain}}{\text{CP}} \times 100

    Solution:

    Gain = 91 - 70 = ₹21

    Gain %=2170×100=30%\text{Gain \%} = \frac{21}{70} \times 100 = 30\%

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