a man bought 27 table for rs 5940 and sold them at a gain equal to SP of 5 tables find gain percent
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Answer:
Gain percent =22.72%
Step-by-step explanation:
Let,
SP of one chair = ₹1
SP of 27 chairs = ₹27
Gain on 27 chairs = SP of 27 chairs - CP of 27 chairs
SP of 5 chairs = SP of 27 chairs - CP of 27 chairs
⇒ ₹5 = ₹27 - CP of 27 chairs
⇒ CP of 27 chairs = ₹(27-55) = ₹22
Gain percent=Gain/CostPrice×100
Gain percent=5/22×100=22.72%
Gain percent=22.72%
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