Given:
Cost price (C.P.) of 70 kg of onions = ₹560
Selling price (S.P.) per kg = ₹10
Total selling price for 70 kg = 70 × 10 = ₹700
Formula Used:
Gain Percentage =
Gain = Selling Price − Cost Price
Solution:
First, calculate the gain:
Gain = 700 – 560 = 140
Gain Percentage = = 25%
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