A man bought a radio at 5/6 of its cost and sold it at 1/12 th above its cost find gain%?
A. 25%
B. 30%
C. 33%
D. 35%
E. None of these
Solution(By Examveda Team)
Let original CP was 100.
Man bought it at = (100 *5)/6 = Rs. 83.33.
For man selling price = 100 + 100/12 = 108.33
Gain = 108.33 - 83.33 = 25
% gain = (25 * 100)/83.33 = 30%.
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