Question

In selling an article for Rs 76, there is a gain of 52%. The gain by selling the article for Rs 74 is

Answer 1

SP of article = Rs76
Profit% =52%
let the CP of article be x
A/q
52 % of x + x = Rs76
(52/100)x + x = Rs76
152x/100 = Rs76
152x = Rs7600
x = Rs50
therefore CP of article = Rs50

Now‚
SP = Rs74
CP = Rs50
profit = SP–CP
=Rs74–Rs50
=Rs24
profit% = (profit×100)/CP
=(Rs24×100)/50
=2400/50
=48%