Question

If a $408 Vase is sold for $510, express the gain as a percentage of the cost price ($408)

Answer 1

Answer:

Selling price is 4/5 of cost price

let CP = x

SP = 4/5 of x = 4x/5

Loss= CP - SP = x - 4x/5 = x/5

Loss% = loss/CP * 100

= (x/5) / x * 100

= 100/5

= 20%

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Step-by-step explanation:

Answer 2

Hello friends .

I am here to help you.

Cost price of flower vase = Rs 120

Loss percentage = 10%

By using formula for Selling price,we have : (100-L%/100)*C.P = (90/100)*120=Rs 108

Answer : The price at which it is sold is Rs 108.