Question

An electrician sells a geyser for $3220 gainnig 1/6 of its cost price. Find the gain per cent​

Answer 1

$\red{\textbf{Answer :- 60}}$%

Step-by-step explanation:

$\red{\textbf{Given:-}}$

$\textsf{cost of room heater :- 3220}$

$\textsf{Gain in room heater = }$

$\LARGE\frac{1}{6} \times 3220$

$= 536.66$

$\textsf{Gain}$% =

$(gain \times \LARGE\frac{100}{cp} )$%

$(536.66 \times \LARGE \frac{100}{3220} )$%

$( \LARGE\frac{53666}{3220} )$%

= 60 %

$\red{\textsf{so, the gain percent is 60}}$%

$\red{\textbf{More information :-}}$

• Percentage gain means to express the profit or the gain in the form of percentages

• Gain = (S.P.) - (C.P.)
• Gain = (S.P.) - (C.P.)Loss = (C.P.) - (S.P.)

• Gain = (S.P.) - (C.P.)Loss = (C.P.) - (S.P.)Loss or gain is always reckoned on C.P.