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Standard VIII

Mathematics

Prices / Charges Related to Buying and Selling

Sugar is boug...

Question

Sugar is bought at Rs. $16.20$ per kg and sold at Rs. $17.28$ per kg. The gain percent is ____________.

6 \frac{2}{3} %

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3 \frac{1}{3} %

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10 %

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10 \frac{2}{3} %

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Solution

The correct option is A $6 \frac{2}{3} %$
Cost Price (CP) of 1 kg of sugar $= 16.20$ Rs

Selling Price (SP) of 1 kg of sugar $= 17.28$ Rs

$G a i n = S P - C P = 17.28 - 16.20 = 1.08 R s$

$G a i n P e r c e n t = \frac{G a i n \times 100}{C P} = \frac{1.08 \times 100}{16.20} = \frac{20}{3} = 6 \frac{2}{3} %$

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Sugar is bought at Rs. 16.20 per kg and sold at Rs. 17.28 per kg. The gain percent is ____________.

The correct option is A 623%Cost Price (CP) of 1 kg of sugar =16.20 RsSelling Price (SP) of 1 kg of sugar =17.28 RsGain=SP−CP=17.28−16.20=1.08 RsGain Percent=Gain×100CP=1.08×10016.20=203=623%

Sugar is bought at Rs. $16.20$ per kg and sold at Rs. $17.28$ per kg. The gain percent is ____________.