Question

A man sold a table for ₹2250 and gained one ninth of its cost price find the cost of the table . The gain percent earned by the man

Answer 1

Answer:

Cost = 2025

Gain% = 11.11%

Step-by-step explanation:

Given,

Selling price = 2250

Profit = 1/9 (cost)

Let the cost price be 'C'

As, Selling price = cost price + profit

2250 = C + 1/9 C

2250 = 10/9 C

C = 2250 x 9/10

C = 2025

Gain = selling price - cost price

2250- 2025 = 225

% of gain on cost price = gain/cost x 100

= 225/2025 x 100

= 11.11%