Question

An Electrician sells a geyser for rupees 3220 gaining 1/6 of its cost price. find the gain percent​

Answer 1

Answer:

let cp = x

sp = 3220

now, 3220 = x + $(\frac{1}{6}) x$

3220 = $\frac{7x}{6}$

x = 3220 × 6/7

x = Rs 2760 = cp

now gain percent= gain x 100 /cp

gain = 3220-2760 = 460

now, gain% = 460 x 100/2760 = 16.67%

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