2. Radha purchased a watch at 20% discount on its marked price, but sold it at the marked price. Find
the gain per cent of Radha on this transaction.
Answers
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1
Answer:
25 %
Step-by-step explanation:
Let the Market Price of the Watch (M.P.) be x
∴ CP for Radha = x - [ ( 20 / 100 )*x ]
∴ CP = ( 1 *x ) / 5
= 4x/ 5
5∴ SP for Radha = MP = x
= MP = x∴ Difference ( Profit ) = SP - CP
= x - ( 4x / 5 )
= ( 5x - 4x ) / 5
= x / 5
5Profit % = ( Profit / CP ) * 100
∴ Profit % = ( x / 5 ) / ( 4x / 5 ) * 100
[ Solving ]
Profit % = 25 %
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