By selling an article for Rs 1636.25, a dealer gains 96.25. Find his gain percentage. 

Asked by samruddhikhedkar85.8spicertl | 1st Jul, 2020, 04:34: PM

Expert Answer:


Selling Price = Rs. 1636.25 and Gain(Profit) = Rs. 96.25
 
 
→ Cost Price = Selling Price - Gain = 1636.25 - 96.25 = 1540

begin mathsize 16px style Gain space percent space equals space fraction numerator Gain over denominator straight C. straight P end fraction cross times 100 space equals fraction numerator 96.25 over denominator 1540 end fraction cross times 100 space equals space 6.25 percent sign end style
 

Answered by Yasmeen Khan | 1st Jul, 2020, 06:00: PM