Peter sold an article for $3600 gaining one sixth of its selling price. Find the cost price and the gain percent.
1 answer:
Answer:
See the answers below
Step-by-step explanation:
Given data
Cost of artilce= $3600
Gain= 1/6 of 3600
Hence the Gain is
=1/6*3600
=0.166*3600
=$600
The Gain Percent is
=600/3600*100
=0.1666*100
=16.66%
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