If the selling price of an AC is equal to 113 of its cp, find its gain percent
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Solution:
A/Q Let the CP be x.
Then, SP will be= 113 of CP
= 113 of x = 113 × x
= 113x
As SP is greater than CP, there is gain.
So, Gain = SP - CP
= 113x - x
= 112x
Now, Gain% = {(loss/CP)×100}%
= {(112x/x)×100} % (The Xs get cancelled off)
=(112×100)%
=11,200%
Therefore, from the above given AC we got a gain of 11,200%.
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A/Q Let the CP be x.
Then, SP will be= 113 of CP
= 113 of x = 113 × x
= 113x
As SP is greater than CP, there is gain.
So, Gain = SP - CP
= 113x - x
= 112x
Now, Gain% = {(loss/CP)×100}%
= {(112x/x)×100} % (The Xs get cancelled off)
=(112×100)%
=11,200%
Therefore, from the above given AC we got a gain of 11,200%.
If satisfied, plz mark as the brainliest....Hope it helps.....
Best Wishes..!!
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