Question

by selling a t- shirt for $999 the shopkeeper gains $60 find the percentage of gain?​

Answer 1

S.P= 999

PROFIT= 60

CP = 999-60

=939

%gain = 6.38%

Answer 2

$S.P = 999$

$Gain\% = 60$

$C.P = \frac{100 \times S.P}{(100 + Gain\%)}$

$C.P = \frac{100 \times 999}{100 + 60}$

$C.P = \frac{99,900}{160}$

$C.P = 624.375$