SOLUTION: A man buy a car at 15/16th of its value and sells it for 10% more than its value. His gain percentage is?
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Question 889896: A man buy a car at 15/16th of its value and sells it for 10% more than its value. His gain percentage is?
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
Let = the value of the car
His selling price as a fraction of what he paid for it is:
Multiply top and bottom by
Divide top and bottom by
His gain was
As a percent this is:
%
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