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If a commission of 10% is given on the marked price of an article, the gain is 25%. Find the gain percentage if the commission is increased to 20%.
- A5.5%
- B11.1%
- C15.5%
- D16.3%
Answer not set
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CCommunity
Let marked price be Rs. 100
⇒ Commision = 10% of 100 = 10
⇒ SP = 90
⇒ CP = 90/125 × 100 = Rs. 72
⇒ New commission = Rs. 20
New SP = Rs. 80
⇒ Gain percentage = (8 × 100)/72 = 11.1%
∴ Gain percentage = 11.1%
⇒ Commision = 10% of 100 = 10
⇒ SP = 90
⇒ CP = 90/125 × 100 = Rs. 72
⇒ New commission = Rs. 20
New SP = Rs. 80
⇒ Gain percentage = (8 × 100)/72 = 11.1%
∴ Gain percentage = 11.1%