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On selling 100 pencils a man gains the selling price of 20 pencils. His gain percent is20%25%22 ½ %16 2/3 % |
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Answer» (2) 25% let us consider the CP of a pencil be x SP of 100 pencils = 100x Gain of 20 pencils = 20x ∴ we calculate CP = SP – Gain = 100x – 20x = 80x ∴ Gain% = (Gain × 100) /CP = ((20x) × 100) / 80x = 25% |
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