if the selling price of a tv set is equal to 6/5 pf its cost. find the gain per cent
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if the selling price of a tv set is equal to 6/5 pf its cost. find the gain per cent
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Let the cost Price of the TV = Rs x
Selling price (s.p ) = 6x/5
Gain ( g ) = s.p - c.p
g = 6x/5 - x
= ( 6x - 5x ) /5
= x/5
Gain % = ( g × 100 )/CP
= ( x/5 × 100 ) / x
= 20%
I hope this helps you.
:)
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*x) = 20%