Question

a fan is sold for 1288rs. if the gain is1/6 of the cost price of the fan, what is the gain percentage​

Answer 1

Step-by-step explanation:

Let the cost price of the fan be Rs.'x'

So the gain in selling the fan is (1/6)x

Therefore the gain percentage is [{(1/6)x}/x]*100 = (1/6)*100 = 16.67(approx.)

So the gain percentage is 16.67%

Alternative method

Let the cost price of the fan be Rs.'x'

The gain is (1/6)x

So the selling price of the fan is x+(1/6)x=(7/6)x

But the selling price of the fan is Rs.1288.

Therefore (7/6)x = 1288

or x = 1104

So the cost price of the fan is Rs.1104

Therefore the gain is = selling price - cost price = Rs.1288 - Rs.1104 = Rs.184

So the gain in percentage is=(gain/cost price)*100=(184/1104)*100=16.67%

Answer 2

Answer:

Let the cp =x

S.p= 1288 RS

gain =1/6 of cp

gain 1/6×X

gain percent =gain/ C.p *100

x/6x *100 = 50/3