Answer:
answer is b
Step-by-step explanation:
look at the picture
Answer:
Should be a 33.33% increase
Step-by-step explanation:
320 divided by 240 to get 1.33, anything above 1 is increase, so its a 33% increase.
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%