By selling 75 apples the seller gains the cost price of 15 apples. find his gain percentage. Please do with all step by step process. it will be easy for me to understand.
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25%
process:
Statement of the given problem,
By selling 75 apples, a seller gains the selling price of 15. What is the profit or loss percent?
Let C & S denote the cos-price & the sell-price of an apple.
Hence from above data we get as follows,
75*S - 75*C = 15*S
or 60*S = 75*C or S = (5/4)*C = (1 + 1/4)*C
or S = (1 + 25/100)*C …. (1)
Therefore from (1) it is evident that
profit percentage = 25% [Ans]
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