Find the gain percent if the cost price is rupees 600 and actual gain is rupees 30
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Answer: Example answer : Naresh sold two books for Rs 600.
→ selling price of the book = 600
profit = 20%
→ cost price =
(100+profit)
100×S.P
=
100+20
100×600
=500Rs
→ selling price of the second book = 600
loss = 20 %
→ cost price =
100−loss
100×S.P
=
100−20
100×600
=750Rs
→ total cost price of two books = 500+750
=1250Rs.
→ total selling price of two books = 600+600
= 1200 Rs
→ here, selling price is less than cost price so
loss.
Loss = C.P. - S.P.
= 1250-1200
= 50 Rs.
Step-by-step explanation:
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