the selling price selling price of an article is 11 by 6 times of the cost price the gain percentage is
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selling price =( 11/6) × cost price
6×selling price = 11× cost price
ratio of selling price and cost price = 11/6
so % gain ={ (11-6)/6 } × 100
250/3 = 83.33
gain = 83.33%
6×selling price = 11× cost price
ratio of selling price and cost price = 11/6
so % gain ={ (11-6)/6 } × 100
250/3 = 83.33
gain = 83.33%
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Answered by
2
Answer:
83.33 %
Step-by-step explanation:
Suppose Cost Price (C.P) of an article is x
Selling Price (S.P) = 11/6 * x
S.P = 11x/6
Profit = S.P - C.P
Profit = 11x/6 - x => Profit = 5/6
Profit % = Profit/C.P * 100
= 5/6 * 100
= 500/6
= 83.33%
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