By selling 100 oranges, a vendor gains the selling price of 20 oranges. His gain percent is: 20 25 30 32
Question
Solution 1
The gain percent can be calculated using the formula:
Gain % = (Gain / Cost Price) * 100
Here, the gain is equal to the selling price of 20 oranges.
Let's assume the cost price of 1 orange is $1. Therefore, the cost price of 100 oranges is $100.
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