Question

A fan is sold for rs650. The gain is one fourth of the cost price of the fan.find the gain percent

Answer 1

let the cp of fan =xRs.
then profit=(1/4)x Rs.
now sp =cp+profit
x+x/4=650
5x/4=650
x=(650×4)/5=520Rs

cp of fan =520 Rs.
profit=520/4=130Rs.
profit%=(profit/cp)×100
(130/520)×100
=25%
hope this help you.....
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Answer 2

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