Siddhi sold her scooter for ₹31902, gaining 1/6th of the selling price. Find her gain percentage.

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Accepted Answer

Let the selling price (SP) = ₹31902.

Given: Gain = 1/6 of SP = (1/6) × 31902 = ₹5317.

Cost Price (CP) = SP - Gain = 31902 - 5317 = ₹26585.

Gain percentage = (Gain / CP) × 100 = (5317 / 26585) × 100

Let's calculate:

5317 ÷ 26585 = 0.2

So, Gain % = 0.2 × 100 = 20%

Therefore, the gain percentage is 20%.

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