Question

If the selling price of a cooler is equal to 1/5th of its cost price. Find the gain or loss percent. ​

Answer 1

Answer:

Let C.P. =Rs.100

then S.P.

=1 1/3 o. rs 100 =

43×100=

Rs.400/3

grain = s.p./c.p= rs.

400/3 × 100 =

rs.100/3

grain % =

grain ×100/3

C.P=100×100/3×100= 100/3=

33 1/3%

HENCE THE ANSWER IS 33 1/3%