Question

Mauli purchased a designer saree from Mumbai at 8/9th of its MRP. When she came back to Delhi, her

neighbour coaxed mauli to sell the saree to her. She was even ready to pay 9% more than its MRP. What

would Mauli’s gain percentage be, if she decides to sell the saree to her neighbour?

(a) 15.59%

(b) 16.61%

(c) 20.36%

(d) 22.65%

Answer 1

how is gain percentage will be 22. 65%

Answer 2

Answer:

Gain is Option d ( 22.65% )

Step-by-step explanation:

Let MRP rate = Rs.100

Then,

CP = ( 8 / 9 ) of its MRP, that is,

( 8 / 9 ) * 100

= Rs. 800 / 9

According to question,

She got 9% more than its MRP, that is,

SP = 100 + 9% of 100

= 100 + (100*9/100)

=109

Since we know,

SP = ( 100 + gain% / 100 ) * CP

Substituting the values known,

109 = (( 100 + gain% ) / 100 ) * 800/9

109 * 9 = ( 100 + gain% ) * 8

981= ( 100 + gain% ) * 8

100 + gain% = 122.625

Gain% = 122.625 - 100

Gain% = 22.65%

Hence,

Gain is Option d ( 22.65% )