Question

a vender sold a Kashmiri shawl for 5660 gaining 1/5 th of its cost price .find his gain percent​? PLZZ answer me​

Answer 1

Answer:

CP = Rs. 4716.667

Profit% = 20%

Step-by-step explanation:

SP = CP + Profit

=> 5660 = CP + CP/5

=> 5660 = (5CP + CP)/5 => 6CP/5

=> 6CP = 5660*5 => 28300

∴ CP = 28300/6 => Rs. 4716.667

(Profit = SP + CP)

As he gained 1/5th of CP, profit  = 1/5*100 => 20%