Find the gain percentage , given that Priya sold her scooter for Rs 42564 gaining 1/6th of the selling price.

Options
a) 40%
b) 20%
c) 15%
d) 30%

Solution

As per question
Priya sold her scooter (SP) = 42564 Rs.
gaining  of the selling price (P) = 1/6th
P = 42564 \times \frac 16
P = 7094
CP = SP – P
CP = 42564 – 7094 = 35470
P % = \frac{P}{CP} \times 100
P % = \frac{7094}{35470} \times 100 = 20%

Answer: 20%

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