Question

By selling an article for rs 1636.25 a dealer gains rs 95.25. Find his gain percentage

Answer 1

Let the cost price of the article be Rs x
The sold price of the article = Rs 1636.25
Given
Profit = Rs 95.25
We know that
Profit = Selling price - Cost price
95.25 = 1636.25 - x
x = 1636.25 - 95.25
x = Rs 1541

The cost price of the article = Rs 1541

Profit % = profit/C.P * 100
              = 95.25/1541 * 100
              = 6.19 % (nearly)

The gain in percentage = 6.19 %

Hope this helps you

Answer 2

Hope this helps u ..