if the selling price of a TV set is equal to equal to 6 upon 5 of its cost price find the gain percent
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Answer:
there will be a loss
Step-by-step explanation:
Let selling price be sp
cost price be cp
Now, cp=6/5 of Sp
So, there is a loss
Answered by
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Greetings..!
Let Cost price = Rs x
Then,S.P = Rs 6x/5
Then gain = sp - cp = Rs x/5
So, gain percent = gain/cp *100 = ( x/5)*(1/x)*100 = 20%
Answer : Hence, gain percent = 20%
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