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A shopkeeper sells some articles at the profit of 25% on the original price. What is the exact amount of profit? To find the answer, which of the following information given in Statements I and II is/are necessary?
Only I is necessary
Only II is necessary
Either I or II is necessary
Both I and II are necessary
Gain = 25% of C.P.
In order to find gain, we must know the sale price of each article and the number of articles sold.
Hence, option 4 is the correct answer.
By: Amit Kumar ProfileResourcesReport error
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