By selling an article for 100, a man gains 15. Find his gain?
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Answer:
If sp of an article=100
15/100×100=15.Rs gain
actual price =100-15
=85
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Gain percentage is 17.6%
Step-by-step explanation:
Given, Selling Price of Article (S.P) = Rs. 100/-
And the Gain (G) = Rs. 15/-
Let us Assume Cost Price of Article as Rs. CP/-
We know that,
Selling Price = Cost Price + Gain
⇒ 100 = CP + 15
⇒ C.P = 100 - 15 = 85
Hence, Cost Price of Article (CP) = Rs. 85 /-
Now, Gain Percentage (G%) =
Here, Gain (G) = Rs.15/- and Cost Price (CP) = Rs. 85/-
So, Gain Percentage (G%) =
Gain Percentage (G%) = 17.6% So, Gain percentage is 17.6%
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