a friend is sold for Rs 650 the gain is one fourth of the cost price of the fan find the gain percent
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Let CP of fan be Rs.x
SP of fan=Rs.650
SP is greater than CP
So gain=1/4 of Rs.x=SP-CP=Rs.(650-x)
So, according to the problem,
1/4 of Rs.x=Rs.(650-x)
or,x/4=650-x
or,x=4(650-x)
or,x=2600-4x
or,x+4x=2600
or,5x=2600
or,x=2600/5=520
or,Rs.x=Rs.520
So,CP=Rs.520
So,gain=Rs.(1/4×520)=Rs.130
So,gain percent=(Gain/CP×100)%
=(130/520×100)%=25%
Ans. The gain percent is 25%.
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SP of fan=Rs.650
SP is greater than CP
So gain=1/4 of Rs.x=SP-CP=Rs.(650-x)
So, according to the problem,
1/4 of Rs.x=Rs.(650-x)
or,x/4=650-x
or,x=4(650-x)
or,x=2600-4x
or,x+4x=2600
or,5x=2600
or,x=2600/5=520
or,Rs.x=Rs.520
So,CP=Rs.520
So,gain=Rs.(1/4×520)=Rs.130
So,gain percent=(Gain/CP×100)%
=(130/520×100)%=25%
Ans. The gain percent is 25%.
Read more on Brainly.in - https://brainly.in/question/3752013#readmore
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the gain is of 25 percent
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