Question

A fan is sold at ₹650.the gain is one fourth of the cost price of the fan ,find the gain%?

Answer 1

let cost is x. sold is 650.gain is x/4. then
total selling = x+X\4=5x/4
650=5x/4 ,x=520 .total gain =130.
%gain=130/520*=25%
Also profit is 1/4 of cost.its means it is 1/4*