Question

1 If the cost price is 95% of the selling price, what
is the profit per cent?
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Answer 1

Answer:

5.26%

If the cost price be Rs x, Then

S.P = \frac{100}{95}x=Rs. \frac{20}{19}x

∴Gain = \frac{20x}{19}-x=Rs. \frac{x}{19}

∴ Gain percent =\frac{\frac{x}{19}}{x}\times 100=5.26%

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