Find the Gain Percent at the Original Price? If
An article is sold at a certain price. By selling it at 2/3 of that price one loses 10%. Find the gain percent at the original price?
- 15%
- 25%
- 35%
- 45%
Answer: (3) 35%
Explanation:-
Let the original S.P be = Rs.X
Then, new selling price = 2X/3
Loss = 10%
So, Cost price = 100 x 2X/90 x 3 = 20X/27
Now, C.P = 20X /27 and C.P = X
Then, Gain = X – 20X/27
= 7X/27
Gain% = 7X x 100 x 27/27 x 20X = 35%
Hence, the gain percent at the original price is 35%.
