Selling a car gains 25% on SP. What %gain on CP?
a) 15
b) 25
c) 33.33
d) 47.5
Submitted by: AdministratorFor these problems use formula
profit on SP =x% then profit on CP= x /(100-x) :
profit on CP =x% then profit on SP= x /(100+x);
here profit on CP=25/(100-25)
=25/75
=.3333
% gain on CP is 33.33%
Submitted by: Administrator
profit on SP =x% then profit on CP= x /(100-x) :
profit on CP =x% then profit on SP= x /(100+x);
here profit on CP=25/(100-25)
=25/75
=.3333
% gain on CP is 33.33%
Submitted by: Administrator
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