Question

If a person sells an article for 650, gaining 1\8 th of its C.P., find his gain per cent. [hint. Gain% = gain*100\cp = x\8*100\x]​

Answer 1

Step-by-step explanation:

LET THE CP BE x THEN THR PROFIT WILL BE 1/8x or x/8

AS WE KNOW THAT THE GAIN % IS GAIN /CP X 100 SO HERE ALSO = x/8 ÷ x X 100

= x/8 X 1/x X 100 = 100/8 = 12.5%