Math Problem Statement
Rajat sells a toy for Rs 650 gaining 1/5 of its cost price. Find his gain %.
Solution
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Math Problem Analysis
Mathematical Concepts
Profit and Loss
Percentage
Algebra
Formulas
Gain = Selling Price - Cost Price
Selling Price = Cost Price + Gain
Gain Percentage = (Gain / Cost Price) * 100
Theorems
Basic principles of profit and percentage calculations
Suitable Grade Level
Grades 6-8