Question

by selling an article in rs 240 a nan gains 25% .how much would he gain% by selling it in rs 216​

Answer 1

Answer:

we know that When goods sold at Rs240 ,a merchant gains 25%

so cost price = s.p ×100/100 + profit

= 240 ×100 /125

=> 192 rs.

percentage would he gain by selling it fo Rs216

=> profit = s.p -c.p

= 216 - 192

= 24 rs

profit%= profit ×100/c.p

= 24 × 100 / 192

=> 12.5 %