Question

Deepak purchased 25 tables for
Rs. 12,500 and recovered the cost by
selling 14 tables. What is the gain
percentage ?​

Answer 1

Answer:

78.57%

Step-by-step explanation:

Given  

Deepak purchased 25 tables for Rs. 12,500 and recovered the cost by selling 14 tables. What is the gain percentage?

Cost price of 25 tables is Rs 12,500

Selling price of 14 tables is Rs 12,500

So profit will be 11 tables cost.

So selling price of 11 tables will be

11/14 x 12,500

Now profit percentage = profit / total cost  x 100

                                    = (11/14 x 12,500) / 12,500 x 100

                                  =   11/14 x 100

                                 = 78.57%

So gain percentage will be 78.57%