if the selling price of a television is 1 2/5times its cost price find the gain percent
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Let the cost price of a television be x
So, selling price = = 1.4x
Selling price is greater than the Cost price. Therefore, Profit.
Profit = S.P - C.P
= 1.4x - x
= 0.4x
Profit % = (profit × 100)/C.P %
= (0.4x × 100)/x %
= 40 %
Hence,
Profit percent = 40 %
Let the cost price of a television be x
So, selling price = = 1.4x
Selling price is greater than the Cost price. Therefore, Profit.
Profit = S.P - C.P
= 1.4x - x
= 0.4x
Profit % = (profit × 100)/C.P %
= (0.4x × 100)/x %
= 40 %
Hence,
Profit percent = 40 %
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