by selling an article for rs.1636.25,a dealer gains rs.96.25. find his gain percentage.
Answers
Answer:
Given:
By selling an article for Rs.1636.25, a dealer gains Rs.96.25
To find:
His gain percentage
Solution:
The S.P. of an article = Rs. 1636.25
The dealer makes a profit = Rs. 96.25
We have the formula to calculate the gain and the gain percentage as:
$$\begin{lgathered}\boxed{\bold{Gain = S.P. - C.P. }}\\\\\boxed{\bold{Gain\% = \frac{Gain}{C.P.} \times 100 } }}\end{lgathered}$$
∴ The cost price of the article is,
= S.P. - Gain
= Rs. 1636.25 - Rs. 96.25
= Rs. 1540
Now,
The gain percentage is,
= $$\frac{96.25}{1540}\times 100$$
= $$0.0625 \times 100$$
= $$\bold{6.25\%}$$
Thus, his gain percentage is 6.25%.
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Answer:
6.25%
Step-by-step explanation:
CP = SP - P
CP = 1636.25 - 96.25
CP = 1540
P% = 96.25 /1540 × 100
= 6.25 %