the selling price of an article is 6/5 of its cost price . find the gain percent
Answers
Answered by
16
.............................................................................................
.
Let the cost price be x
.
Find the selling price:
selling price is 6/5 of its cost price:
Selling Price = 6/5 x
.
Find the gain:
Gain = Selling Price - Cost Price
Gain = 6/5 x - x = 1/5 x
.
Find the gain percentage:
Gain percentage = gain/cost price x 100
Gain percentage = ( 1/5 x ) / (x ) x 100 = 20%
.
Answer; The gain percentage is 20%
.
.............................................................................................
⭐⭐
Similar questions