Dev buys a radio at 3 fraction 4 of it market price and what is his gain percent
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Answer:
60%
Step-by-step explanation:
Dev buys it:
3/4 of its marked price
Dev sell it:
20% more than it's marked price
Solution:
Suppose the marked price of the radio is Rs. 100x.
So,
→CP pf radio = (3/4) of MP = (3/4) × 100x = Rs.75x
And
→ SP of radio = 20% more than MP
= (100x × 120) / 100 = Rs. 120x
Then,
→ Gain = SP - CP = 120x - 75x = Rs. 45x
Hence,
→ Gain % = (Gain × 100) / CP
→ Gain % = (45x × 100) / 75x
→ Gain % = 60%
Therefore: 60% is the percentage of Gain
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