If the selling price of a T.v is the equal to 6/5 of its cost price , find the gain percent.
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❍Let's consider Cost Price be x and Selling Price be of a television.
According to the question:
- As per given in the question,Selling Price of a television is of its Cost Price.
Therefore,
We are said to find Gain percent but for finding gain percent firstly we have to find Gain.So let's find!
Using Formula :
we have,
- Selling Price =
- Cost Price = x
where....
- SP = Selling Price
- CP = Cost Price
Now substitute numbers
Henceforth,Gain on a television is rupees.
- As per given in the question,After getting the value of gain now find gain percent.
Using formula
Now substitute the values
Hence,Gain percent is 20%.
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