the selling price of a TV set is equal to 6 by 5 of its cost price find the gain percent
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GIVEN :-
Selling Price = SP
Cost Price = CP
SP ( of a TV ) = 6/5 of its CP
SP = 6/5 × CP (E.q. 01)
TO FIND :- Gain Percent
SOLUTION :-
We know That Gain occurs when
SP > CP => Gain = SP - CP
Gain = 6/5 CP - CP (FROM EQ.01)
=> Gain = (6CP - 5CP)/5
=> Gain = CP/5
Now we can use Formula to Find the gain %
Gain % = Gain/CP × 100
= CP/5 /CP × 100
= CP/5 ÷ CP × 100
= CP/5 × 1/CP × 100
= 1/5 × 100
= 25%
Hence The gain% is 25% in this case. (ANS).
The gain percent of TV is 25%
Answered by
8
Greetings..!
Let Cost price = Rs x
Then,S.P = Rs 6x/5
Then gain = sp - cp = Rs x/5
So, gain percent = gain/cp *100 = ( x/5)*(1/x)*100 = 20%
Answer : Hence, gain percent = 20%
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