On selling 450 cassettes a man had a gain equal to the S.P. of 45 cassettes. Find gain %.
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Answer:
11.11%
Explanation:
let s.p of 1 cassette =x
s.p of 450 casset - 450x
A/Q
gain= 45x
. .
. gain= Sp-Cp
.
. . Cp= Sp-gain
Cp= 450x-45x
Cp=405x
Now
gain%= gain*100/Cp
gain%=45x * 100/405x
.
. . gain%= 11.11%
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