1.

Raghavan purchased a scooter at 13/15th of its selling price and sold it at 12% more than its selling price. His gain is

Answer»

29 3/13%



Let the SP = 30000

Then CP = 30000 × 13/15 = 26000

Raghavan’s SP = 30000 +12% 0F 30000 = 33600

So, his actual gain = 7600 and the gain PER cent = 7600 ×100/26000 = 29 3/13%



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