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A man buys a radio for Rs 900 and sells ...

A man buys a radio for Rs 900 and sells it for Rs 1200. Find his gain per cent.

A

0.2

B

0.25

C

0.3

D

`33(1)/3%`

Text Solution

AI Generated Solution

The correct Answer is:
To find the gain percent when a man buys a radio for Rs 900 and sells it for Rs 1200, we can follow these steps: ### Step-by-Step Solution: 1. **Identify the Cost Price (CP) and Selling Price (SP)**: - Cost Price (CP) = Rs 900 - Selling Price (SP) = Rs 1200 2. **Calculate the Gain (Profit)**: - Gain = Selling Price - Cost Price - Gain = SP - CP = 1200 - 900 = Rs 300 3. **Use the Gain Percent Formula**: - Gain Percent = (Gain / Cost Price) × 100 - Gain Percent = (300 / 900) × 100 4. **Simplify the Calculation**: - Gain Percent = (1/3) × 100 - Gain Percent = 33.33...% 5. **Convert to Mixed Fraction**: - 33.33...% can be expressed as 33 1/3%. ### Final Answer: The gain percent is **33 1/3%**.
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