Question

Raman bought a geyser at 9/10 of its marked price and sold it at 8% more than its marked price his gain percent?​

Answer 1

Answer:

20% gain

Step-by-step explanation:

assume marked price = 100

cost price = 9/10 * 100

therefore Cost price = 90

Selling price= marked price+8%

i.e. 100+8% = 108

Gain percent= (108-90) / cost price*100

=18/90*100

= 20% gain