By selling 36 m of jute, a shopkeeper gains an amount equal to the selling price of 12 m of jute. Find the gain percentage.

Options
a) 50%
b) 40%
c) 45%
d) 55%

Solutions

As per questions


SP = 3
CP = 2
P = SP – CP
P = 3 – 2
P = 1
P% =
P% = 50%

Ans: a) 50%