Answer:
Given that,
C.P.=Rs. 12000 and S.P.=Rs. 12800
Since S.P.>C.P., it is a gain.
We know that, gain=S.P.−C.P.
∴ gain=Rs. 12800−Rs. 12000=Rs. 800
∴ gain=Rs.800
We also know that, gain%=
C.P.
gain×100
∴ gain%=
12000
800×100
=
12
80
%
∴ gain%=6
3
2
Hence, the gain percent for the given information is 6
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Answers & Comments
Answer:
Given that,
C.P.=Rs. 12000 and S.P.=Rs. 12800
Since S.P.>C.P., it is a gain.
We know that, gain=S.P.−C.P.
∴ gain=Rs. 12800−Rs. 12000=Rs. 800
∴ gain=Rs.800
We also know that, gain%=
C.P.
gain×100
∴ gain%=
12000
800×100
=
12
80
%
∴ gain%=6
3
2
%
Hence, the gain percent for the given information is 6
3
2
%