A shopkeeper sells a lamb for 350, gaining 1/6the of its cost price. Find his gain percent?
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10.94 % he gain the profit
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Let C. P be ₹ x
S. P = ₹ 350
Gain = 1/6x
A/Q ,
C.P + Gain = S. P
x + 1/6x = 350
6x+x/6 = 350
7x/6 = 350
x = 350×6/7
= ₹300
Then gain =₹ 50
Gain percent = 50/300×100
= 16.6 % Answer.
S. P = ₹ 350
Gain = 1/6x
A/Q ,
C.P + Gain = S. P
x + 1/6x = 350
6x+x/6 = 350
7x/6 = 350
x = 350×6/7
= ₹300
Then gain =₹ 50
Gain percent = 50/300×100
= 16.6 % Answer.
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