Profit and Loss Practice Test 8

Question : 32 of 40

Marks: +1, -0

Gudia purchased a watch at

9/ 10

th of its selling price and sold it at 8% more than its selling price. She sold it at 8% more than its selling price. Her gain is:

Solution:

\table SP ,CP ,\New \SP;100, 9/10 \;\of \SP = 90, 8% \more \than \SP = 108

Gain per cent

={SP-CP}/{CP}×100

={108-90}/90×100=20%

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