If a person sells an article for ₹650, gaining 1/8th of its C.P.,find his gain per cent?
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Let CP of toy be x
SP at 12% gain = 1.12x
SP at 14% gain = 1.14x
According to question,
1.14x - 1.12x = 33
or, 0.02x = 33
or, x = 33*100/2 = 1650
SP at 12% gain = 1.12x
SP at 14% gain = 1.14x
According to question,
1.14x - 1.12x = 33
or, 0.02x = 33
or, x = 33*100/2 = 1650
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