A person sells an article for 3 750 gaining 1/10 of its C.P. Find its

1.	A person sells an article for 3 750 gaining 1/10 of its C.P. Find its gain%.
Answer» ANSWER: Let the C.P be = x Gain=x/10 The SELLING price of the article= Rs. 550 We KNOW that, S.P= C.P + Gain This implies that ⇒x+x/10= 550 ⇒10x+x/10=550 ⇒11x/10=550 ⇒11x=550×10 ⇒11x=5500 ⇒x=5500/11 ⇒x=500 Thus, C.P = Rs. 500 and gain =Rs. 50 Gain %= gain/C.P ×100 =50/500×100 10% HOPE THIS HELPS U PLZ MARK AS BARINLYEST

A person sells an article for 3 750 gaining 1/10 of its C.P. Find its gain%.

Answer»

Let the C.P be = x

Gain=x/10

The SELLING price of the article= Rs. 550

We KNOW that, S.P= C.P + Gain

This implies that ⇒x+x/10= 550

⇒10x+x/10=550

⇒11x/10=550

⇒11x=550×10

⇒11x=5500

⇒x=5500/11

⇒x=500

Thus, C.P = Rs. 500 and gain =Rs. 50

Gain %= gain/C.P ×100

=50/500×100

10%

HOPE THIS HELPS U

PLZ MARK AS BARINLYEST