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By selling a calculator for Rs. 1,080, there is a loss of 10%, if the article is sold for Rs. 1,350,the net result in the transaction is:
Question

By selling a calculator for Rs. 1,080, there is a loss of 10%, if the article is sold for Rs. 1,350,the net result in the transaction is:

A.

1212\frac{1}{2} % loss​

B.

12%gain 

C.

1212\frac{1}{2}​ % gain 

D.

12% loss

Correct option is C

Selling Price = CostPrice×(1loss100)Cost Price \times (1-\frac{loss}{100})

1080 = CostPrice×(110100)Cost Price \times (1-\frac{10}{100})

Cost Price = 10800090=Rs.1200\frac{108000}{90} = Rs. 1200

If Selling Price = 1350 

Gain Percentage = 135012001200×100=12.5%\frac{1350-1200}{1200} \times 100 = 12.5{\%}​​

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