A bed was purchased for$3750 and$250 were paid for its transportation. If it is sold at a gain of $40, find the gain per cent?
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A bed was purchased for$3750 and$250 were paid for its transportation. If it is sold at a gain of $40, find the gain per cent?
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Answer:
1%
Step-by-step explanation:
gain%=gain/cp×100
In this case,40/4000×100=4%