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 =
P = 7094
CP = SP – P
CP = 42564 – 7094 = 35470
P % =
P % = = 20%

Answer: 20%