Given parameters:
Cost price of the article = Nu.28.30
Selling price of the article = Nu.29.30
Unknown:
Gain percentage = ?
The gain percentage is the same as the percentage profit on a trade.
The formula is given as:
Gain percentage = 
Profit = Selling price - Cost price
= Nu.29.30 - Nu.28.30
= Nu. 1
Now input the parameters and solve;
Gain percentage = 
= 3.5%
The gain percent is 3.5%
Answer:
16/13
Step-by-step explanation:
Multiple inverse for 13/16 is 16/13
Answer:3 & 4
Step-by-step explanation: those are the two with multiplication/division
Answer:
$56,226
Step-by-step explanation:
x = investment
Earning interest of 3.57% is the equivalent of multiplying the initial balance (investment) by 1.0357;
Over 20 years, the new balance can be found by multiplying the initial balance by (1.0357)²⁰;
We can formulate an equation to solve to get the initial investment:
x(1.0357)²⁰ = 113400
(2.01687752)x = 113400
x = ¹¹³⁴⁰⁰/₍₂.₀₁₆...₎
x = 56225.5263 → 56226
Answer:
40%
Step-by-step explanation:
6/15=favorable amount/total amount
6/15=2/5
2/5*20
