By selling goods for rs. 240, a merchant gains 25%. How much percent would he gain by selling it for rs. 216?
Answers
Answered by
1
The CP of the article would be ₹208. If he sells the article for 216, his gain percentage would be 7.7%.
Answered by
11
Answer:
12.5% is the correct ans
Step-by-step explanation:
profit=SP-CP/CP *100
25/100= 240-CP/CP
thus,CP=192rs
then for selling it for rs 216
Profit=SP-CP/CP*100
= 216-192/192 *100
= 12.5%
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