SOLUTION: A television set is sold for $59 at a gain of 18%. Find the actual gain.

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Question 857633: A television set is sold for $59 at a gain of 18%. Find the actual gain.
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Let +p+ = the price before the sale
+p+%2B+.18%2Ap+=+59+
+1.18p+=+59+
+p+=+59%2F1.18+
+p+=+50+
The gain is: +59+-+50+=+9+
$9