Math, asked by sipugupta, 1 year ago

Mahesh purchased a radio at 9/10 of its selling price and sold it at 8% more than its original selling price. his gain %.is

Answers

Answered by marshmallow9250
30
Hence, total gain % by mahesh is 20%
Attachments:
Answered by skyfall63
23

The profit percentage on selling the radio is 20%

Step-by-step explanation:

Let the original Selling Price be Rs. 100

The cost price of the radio is Rs.\frac{9}{10} \times 100=R s .90

The price at which Mahesh sold the radio was 8% more than original S.P

i.e., 100+\frac{8}{100} \% \text { of } 100=R s .108

Therefore, the profit in selling the radio is,

108 - 90 = 18

Rupees 18 is the profit on this transaction, now to find the profit% we use,

\frac{(\text {Selling Price }-\text {Cost Price})}{\text { cost Price }} \times 100=\frac{18}{90} \times 100=20 \%

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