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Question
Mohit sold a T.V. for Rs. 3,600; gaining one-sixth of its selling price. Find :
(i) the gain
(ii) the cost price of the T.V.
(iii) the gain percent.
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Solution
S.P. of T.V. = Rs. 3,600
Gain =`1/6` of (3600) =`1/6xx3600` = Rs. 600
(i) Thus gain = Rs. 600
(ii) Cost price = 3600 − 600 = Rs. 3000
(iii) Gain % =`600/3000xx100=60/3=20%`
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