Question

Q11. If the selling price of an AC is equal to 4/3 of its CP, find its gain percent.​

Answer 1

Answer

Let CP = x

SP = 4/3x

Profit = SP/CP × 100

$= \frac{ \frac{4}{3} x}{x} \times 100 \\ \\ = \frac{4}{3} \times 100 \\ \\ = \frac{400}{3} \\ \\ = 133.34\%$

(Answer approximated)

Answer 2

Step-by-step explanation:

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