Question
The ratio of the C.P. and S.P. of an article is 16 : 17.
What is the Gain percent?Solution
CP and SP =16:17 CP =16x and SP =17x Profit =17x-16x =x Profit Percentage =x/16x Ă—100 =100/16 =25/4 =6(1/4)%. =6.25%
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