The selling price of a book is 7/5 times its cost price, find the gain percent.
Please answer ASAP
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Answer:-
Gain%=40%
Step-by-step explanation:
Given:-
The selling price of a book is 7/5 times its cost price.
To find:-
find the gain percent.
Solution:-
Let the cost price of a book be X
The selling price of a book 8/5 times it's cost price
=>Selling Price=7/5×Costbprice
=>Selling Price =7X/5
Selling price >Cost price
Gain=Selling Price - Cost Price
=>Gain =7X/5-X
=>Gain=(7X-5X)/5
=>Gain=2X/5
Now ,Gain percentage =(Gain×100)/Cost price
=>G%=(2X/5)×100/X
=>G%=2×100/5
=>G%=2×20
=>G%=40%
Answer:-
Gain percentage =40%
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