1.

The selling price of a refrigerator is 11 of its cost price. Find the gain per cent.3

Answer»

Let the cost price be Rs. xSelling Price=Rs.4x/3

Gain=Rs.{(4x/3)-x}=Rs. x/3

∴Gain percent=(Gain/Cost Price)×100={(x/3)/x}×100=33.33%



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