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A dealer buys an article marked at Rs. 25,000 with 20% and 5% off. He spends Rs. 2,000 for its repairs and sells it for Rs. 25,000. What is his gain or loss per cent?

A. 21% loss B. 10.50% loss C. 19.05% Gain D. 25% Gain Answer: Option C
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Solution(By Apex Team)

Total CP = (95% of 80% of Rs.25000) + (2000) $\begin{array}{l} =\left(\frac{95}{100} \times \frac{80}{100} \times 25000\right)+2000 \\ =19000+2000=\text { Rs. } 21000 \end{array}$ Therefore, CP = Rs.21000 and SP = Rs.25000 Therefore, Gain = 25000 – 21000 = Rs.4000 Therefore, Gain % $=\frac{4000}{21000} \times 100 \%=\frac{400}{21} \%$ = 19.05% (approx.)

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