Question

Rama purchased a mobile at 3/10th of its selling price and sold it at 10% more than its
cost price. Find the gain percent?​

Answer 1

Step-by-step explanation:

take value of mobile 100

rama purchased at 30

and sold 10%

30×10

100

3%

Answer 2

The gain percentage is 10%.

Step-by-step explanation:

Consider the provided information.

Let the selling price of the mobile is ₹ 100.

Rama purchased a mobile at 3/10th of its selling price.

That means the cost price of the mobile is:

$CP =\frac{3}{10}\times 100 = 30$

The cost price of of the mobile is ₹ 3 0.

Rama sold it at 10% more than its  cost price.

$SP = \frac{30 \times 110}{100}=33$

The cost price was ₹ 3 0 and new selling price is ₹ 33

Gain = 33 - 30 = ₹ 3

Now find the gain percentage.

$Gain\%=\frac{3}{30}\times 100\% = 10\%$

Hence, the gain percentage is 10%.

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