A shopkeeper sells an item for rupees 322 making a profit equal to 1 by 6 of the cost price find the gain percent
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Let the CP be z.
z + z/6 = 322.
7z/6 = 322
z/6 = 46
Z = 276.
Therefore the CP is Rs. 276.
Gain percentage = (Gain / CP) × 100
( 48/276 ) × 100
= 50/3 %
= 16.67 %
z + z/6 = 322.
7z/6 = 322
z/6 = 46
Z = 276.
Therefore the CP is Rs. 276.
Gain percentage = (Gain / CP) × 100
( 48/276 ) × 100
= 50/3 %
= 16.67 %
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