Find the Gain on Selling Price of an Article

If selling price of an article is 4/3 of its cost price, find gain %.

  1. 25 %
  2. 100/3 %
  3.  1.33 %
  4.  200/3 %
Manish Listener Asked on 18th June 2015 in Maths.
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1 Answer(s)

Answer: (2) 100/3%
Explanation:-
Let be the cost price of an article is Rs.100
According to the question,
Selling price = 100 x 4/3 = 400/3
Gain = 400/3 – 100 = 100/3
Formula-
Gain% = gain x 100/Cost price
Then,
Gain% = 100 x 100/3 x 100
= 100/3%
Hence, the answer is (2) 100/3%

Anurag Mishra Professor Answered on 19th June 2015.
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