the cost price of 8 fan is equal to the selling prices of 6 fan . find he gain percent
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Let the CP of one fan be ₹100
So the cost of 8 fans = ₹100×8
=₹800
It is given that the SP of 6 fans = CP of 8 fans
SP of 1 fan = CP/The number of fans sold
= 800/6
= ₹400/3
GAIN = 400/3 - 100
= 400/3 - (100/1 × 3/3)
= 400 - 300/3
= ₹100/3
Gain percent = Gain/CP ×100
= (100/3)/100 × 100
= 100/3
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