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
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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%
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