Question

3th ‘A’ buys a radio at 3 th/4of its marked price and sells it at 20% more than the marked price. What is ‘A’s gain percent?​

Answer 1

Answer:

60%

Step-by-step explanation:

Let marked price of the radio receiver set = Rs x

Purchase price of the radio receiver set = Rs (3x/4) = 0.75 x

Sale Price of the radio receiver set = Rs 1.2 x

Gain on sale = Sale Price — Purchase Price = 1.2 x — 0. 75 x= x (1.2 — 0.75) = 0.45 x

% Gain = {Gain/(Purchase Price)} × 100 = (0.45 x/0.75 x) × 100 = 60%