Question

if a selling price of a TV set is equal to 6/5 of its cost price, fund the gain per cent ​

Answer 1

Answer:

Let the C.P. of TV set be x

then S.P. of TV set = 6 x

5

where SP >CP

There is a profit

profit= SP-Cp

=6x - x = 6x-5x = x

5 5 5

profit% = profit × 100

CP

= x/5 × 100 = 100 = 20%

x 5

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