Question

6. A dealer gains 7% by selling a sofa set for 3852. Find his gain per cent if he sells it for 4050. ​

Answer 1

Answer:

orrect option is

C

12.5%

Let the selling price and cost price of article be S,P

Gain % =

P

S−P

×100 ⇒7=

P

3852−P×100

⇒7P=385200−100P ⇒P=

107

385200

Now , S' = Rs 4050

⇒ Gain% =

P

4050−P

×100=100(

385200

4050

×107−1)

=100×0.125 = 12.5% ⇒ (C)