Shankar sold a refrigerator for Rupees 13500 and suffered a loss of 10% find his gain percent if he had sold it for rupees 18000
Answers
Find the cost price:
Loss = 10%
Selling price = Cost Price - loss
Selling price = 100 - 10 = 90%
Selling price = Rs 13500 (Given)
90% = Rs 13500
1% = 13500 ÷ 90 = Rs 150
100% = 150 x 100 = Rs 15000
Find the gain:
new selling price = Rs18,000
Gain = Selling Price - Cost Price
Gain = 18000 - 15000 = Rs 3000
Gain percentage = gain/cost price x 100
Gain percentage = 3000/18000 x 100 = 16.67%
Answer: The gain is 16.67%
Answer:
The gain is 20%
Step-by-step explanation:
Find the cost price:
Loss = 10%
Selling price = Cost Price - loss
Selling price = 100 - 10 = 90%
Selling price = Rs 13500 (Given)
cp=spx100/100-L%
cp=13500x100/100-10
cp=1350000/90
cp=Rs15000
Find the gain:
new selling price = Rs18,000
Gain = Selling Price - Cost Price
Gain = 18000 - 15000 = Rs 3000
Gain percentage = gain/cost price x 100
Gain percentage = 3000/15000 x 100 = 20%
Answer: The gain is 20%