A fan is sold for Rs. 650. the gain is one Fourth of the cost price of the fan. find the gain %.
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Step-by-step explanation:
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Answer:
25 %
Step-by-step explanation:
SP OF FAN = CP + PROFIT
LET CP BE X
RS 650 = X + 1 / 4 × X
RS 650 = X + X / 4
RS 650 = 4X / 4 + X /4
RS 650 = 5X / 4
RS 650 × 4/5 = X
RS 520 = X
SO, CP IS RS 520
INFORMATION WE GOT
SP = RS 650
CP = RS 520
GAIN = SP - CP
= RS 650 - RS 520
= RS 130
GAIN % = GAIN / CP × 100
= 130 / 520 × 100
= 25 %
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