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Q: In a medical transaction, 17 times the cost price is equal to 8 times the sum of the cost price and the selling price. What is the gain or loss percentage?
  • A. Loss 15%
  • B. Gain 17.5%
  • C. Gain 12.5%
  • D. Loss 30%
Correct Answer: Option C -
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Explanations:

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