An electrician sells a geyser for rs 3220 gaining1/6 of it's cost price. find the gain percent.
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Given,
- CP = Rs. 3220
- Profit = 1/6 × 3220
To find,
- The profit amount
- The profit percent
Solution,
Profit = 3220/6
Profit percentage = P/CP × 100
={ 3220/(6×3220) } × 100
= {3220/19320}×100
= 1/6 × 100 {Simplest Form}
= 100/6
Hope this helps you,
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