By selling an article for Rs.1636.25,a dealer gains Rs.96.25. Find his gain percentage
Answers
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:
∴ The cost price of the article is,
= S.P. - Gain
= Rs. 1636.25 - Rs. 96.25
= Rs. 1540
Now,
The gain percentage is,
=
=
=
Thus, his gain percentage is 6.25%.
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Answer:
the ans
Step-by-step explanation:
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{gathered}\boxed{\bold{Gain = S.P. - C.P. }}\\\\\boxed{\bold{Gain\% = \frac{Gain}{C.P.} \times 100 } }}\end{gathered}
∴ 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
1540
96.25
×100
= 0.0625 \times 1000.0625×100
= \bold{6.25\%}6.25%
Thus, his gain percentage is 6.25%.