Question
A shopkeeper purchased 70 kg of radish for Rs. 560 and
sold the whole lot at the rate of Rs. 14 per kg. What will be his gain percent?Solution
CP of 1 kg = 560 ÷ 70 = Rs. 8 SP of 1 kg = Rs. 14 Gain% = (6 x 100) /8 = 75%
 In the basic Solow model of growth
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