Question

On selling 250 cascades, a man had an equal gain to the selling price of 25 cascades. Find his gain percent

Answer 1

11.11%

Explanation:

The selling price is 250

The cost price is 250-25

= 225

Therefore the gain can be calculated as follows

=250-225x/225x×100

1/9 ×100

= 0.1111×100

= 11.11%

Hence the gain is 11.11%