Question

if s. p. of table is 8/5 of c. p. then what is gain percentage

Answer 1

It is the solution of this question

Answer 2

selling price = 8/5 ofCost price

let the cost price be 'x'

selling price = 8x/5

we know that

cost + cost×gain percentage= selling price

x + x×gain percentage = 8x/5

x×gain Percentage = 8x/5 - x

x×gain percentage = 3x/5

gain percentage = 3x/5/x = 3x/5x = 3/5 = 0.6 = 6%