2. Find the profit per cent, if by selling an article for 212, the actual gain is ₹ 12.
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Answer:
The profit per cent by selling the article was 6.
Step-by-step-explanation:
We have given that,
An article was sold for ₹ 212.
The gain obtained was ₹ 12.
We have to find the profit per cent by selling the article.
Now, we know that,
Profit = Selling price - Cost price
⇒ 12 = 212 - Cost price
⇒ Cost price = 212 - 12
⇒ Cost price = ₹ 200
Now, we know that,
∴ The profit per cent by selling the article was 6.
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