Answer:
Step-by-step explanation:
Given sequence:
Therefore,
General form of an arithmetic sequence:
(where a is the first term and d is the common difference)
To find the common difference, subtract a term from the next term:
Therefore,
To find the 6th term, input n = 6 into the equation:
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%