Question

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

Answer 1

Answer:

i think this is correct ☺️☺️

Answer 2

Solution :-

Let us assume that, Marked price of the radio is Rs.100x .

so,

→ CP of radio = (3/4) of MP = (3/4) * 100x = Rs.75x .

and,

→ SP of radio = 20% more than MP = (100x * 120)/100 = Rs.120x .

then,

→ Gain = SP - CP = 120x - 75x = Rs.45x

therefore,

→ Gain % = (Gain * 100) / CP

→ Gain % = (45x * 100) / 75x

→ Gain % = 60% (Ans)

Hence, required gain is 60% .

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