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The document lists important formulae for calculating gain, loss, selling price, and cost price when dealing with transactions where goods are sold for more or less than their original purchase price. Specifically, it provides equations for determining gain or loss percentages, selling price when an item is sold at a gain or loss, and cost price based on the selling price and known gain or loss. It also notes that when similar items are sold at a gain for one but a loss for another, the seller will always l

Author

Dhruv Pratap

Language

EN