Question

by selling an article for Rs 50 A shopkeeper gains 12 rupees his gain percent is find out​

Answer 1

Answer:

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Step-by-step explanation:

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Answer 2

Given:

By selling an article for Rs 50, a shopkeeper gains 12 rupees.

To find:

The gain percent.

Solution:

The gain percent of a shopkeeper is 31.57%.

To answer this question, we should follow the following steps:

As given, we have,

Selling Price of the article = Rs. 50

The profit earned by the shopkeeper by selling an article or gain = Rs. 12

So,

The cost price of the article

= Selling Price - Gain

$= 50 - 12$

$= 38 \: Rs.$

Now,

We know that the gain percentage of an article is equal to the gain or profit on the article divided by the cost price of the article and then multiplied by 100.

This means,

Gain percentage

$= \frac{gain}{cost \: price} \times 100$

$= \frac{12}{38} \times 100$

On solving the above, we get

$= 31.57\%$

Hence, the gain percentage on the article is 31.57℅.