By selling an article for Rs. 100, one gains Rs.10. Then find the gain percentage
Answers
Answered by
46
Answer:
Gain%=11 1/9 %
Step-by-step explanation:
SP is selling price, CP is cost price
Given SP=100/-
Gain=SP-CP
10=100-CP
CP=100-10
CP=90
Gain%=(gain/CP)×100
=(10/90)×100
=100/9
=11 1/9 %
Answered by
3
Question :
By selling an article for Rs. 100, one gains Rs.10. Then find the gain percentage.
Answer :
The profit percentage by selling the article is 11.11 %.
Given :
Selling price (S.P) of the article = Rs.100
Profit = Rs.10
To find :
The gain percentage
Solution :
S.P = Rs. 100 and Profit = Rs.10
Hence , Cost price of the article (C.P) will be = Rs.100-Rs.10
= Rs.90
We know that,
Profit percent = (Profit / Cost Price) × 100
= (10/90) × 100
= 100/9
= 11.11
Therefore the profit percentage by selling the article is 11.11 %
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