d Word Problem* 7 | Job Exam Rare Mathematics (JEMrare) - Solved MCQs

# Word Problem* 7

Problem 7: If an electric iron is sold for Rs 76, profit gain is 62% of the cost price. If sale price is set as Rs 74, what will be profit gain percentage ?
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Solution:



Lets suppose We are given  i-e We know Put values, Shift ‘x’ terms to one side     So, Cost price is Rs 50

Now if we sale it for Rs 74

i-e and we know The Profit We write again, Put values  Know let suppose 24 is ‘y’ percent of CP

i-e Leaving ‘y’ on one side and shift other terms other side, we grt  So , he will gain 48 % if he sales pen for 76 Rs.

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