a wholesaler sells 25 shirts but charges for 24 shirts from retailer. what is the gain % of retailer if he sells all 25 shirts at MP
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I am not sure about the answer.
Let cost of one shirt be x
Cost of 25 shirts is 25x
For retailer, Profit will be of one shirt,
So, Profit =x
Gain %= Profit/Cost price * 100
Gain %= x/25x *100
Gain%=4
Let cost of one shirt be x
Cost of 25 shirts is 25x
For retailer, Profit will be of one shirt,
So, Profit =x
Gain %= Profit/Cost price * 100
Gain %= x/25x *100
Gain%=4
gauri182:
but that is wrong
Sorry, then
its ok cause i found it
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