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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