a fan is sold for rupees 650 the gain is one fourth of the cost price of the fan find the gain percent
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162.5*100/650=15%
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Q1) If fan is sold for rupees 650.The gain is one fourth of the cost price of the fan.Find the gain percent.
S1) As we've told , Selling price of fan = 650
Gain earned = 1/4 of selling price
= 1/4 × 650
= 162.5
So, if gain is 162.5 , Then gain% →
Gain/Cost price × 100%
= 162.5/650×100%
= 25%
Answer→ The gain is 25%
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