Question

Mohit sold a T.V. for Rs. $3600$3,600, gaining one-sixth of its selling price. Find the gain percent.

• A. $20$%
• B. $22$%
• C. $23$%
• D. $25$%

Answer 1

Answer: (A)

$20$%

Given, $S.P.=Rs3,600$

$\text{Gain}=\frac{3,600}{6}=Rs.600$
$\text{C.P = S.P. - Gain}=3,600-600=Rs.3000$

$\text{Gain (\%)}$ $=\frac{\text{Gain}}{C.P.}\times 100=\frac{600}{3,000}\times 100=20$ %