Question

on selling an article at a certain price a man gain 10%. on selling the article at double price, gain per cent is

Answer 1

Let the cost price of the article = 100.

Gain = 10%.

Then, selling price = 110.

Given that he sells the article at double price.

= > 2 * 110

= > 220.

So, the new selling price = 220.

We know that gain = Selling price - cost price

                               = 220 - 100

                               = 120.

But, we need to calculate gain%.

= > Gain% = (Gain * 100)/CP

                = (120 * 100)/100

                = 120%.

Hope this helps!

Answer 2

Thanks for the answer please