Question

If the selling price of an AC is equal to 1-1/3 of its C.P, find its gain percent.​

Answer 1

Answer:

Solution

Let CP = 1

SP = 1 1/3=4/3

Profit = 4/3 - 1= 1/3.

So % profit = (1/3) *100 = 33.33%.

Step-by-step explanation:

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