Question

By selling an article for Rs. 100 a man gains Rs.15. Then, his gain % is?​

Answer 1

Step-by-step explanation:

the correct answer is 17 11/17%..

Answer 2

Given -

The selling price of article is Rs. 100.

Gain is Rs 15.

We have to find out the percentage gain.

As we know that,

Gain percentage = $\frac{sp - cp}{cp} \times 100$

Where ,

SP = Selling price

CP = Cost price

As per given information,

SP = Rs. 100

Gain = SP - CP

By putting given values

$15 = 100 - cp$

$cp = 100 - 85$

$cp = 15$

Hence, Cost price of article is Rs 15.

Gain percentage = $\frac{100 - 15}{15} \times 100$

Gain percentage = $\frac{85}{15} \times 100$

By Dividing 85 and 15 by 5 we get

Gain percentage = $\frac{17}{3} \times 100$

Gain percentage = $\frac{17 \times 100}{3}$

Gain percentage = $\frac{1700}{3}$

Gain percentage = $566.66$

Hence,

The gain percentage is 566.66 % .