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By selling an article for 1636.25,a …

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By selling an article for 1636.25,a Dealer gains Rs 96.25.find his gain percentage

Posted by 8060 Vrinda Gupta 5 years, 3 months ago

CBSE > Class 08 > Mathematics

1 answers

Yogita Ingle 5 years, 3 months ago

The S.P. of an article = Rs. 1636.25

The dealer makes a profit = Rs. 96.25

We have the formula to calculate the gain and the gain percentage as:

∴ The cost price of the article is,

= S.P. - Gain

= Rs. 1636.25 - Rs. 96.25

= Rs. 1540

Now,

The gain percentage is,

=

=

=

Thus, his gain percentage is 6.25%.

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