Joseph's percentage gain (profit) is 18.9 %.
Given the following data:
- Cost of laptop = Rs 26,000
- Cost of software = Rs 2,600
- Selling price = Rs 34,000
To find the percentage gain (profit);
First of all, we would determine the cost price.
[tex]Cost \; price = Cost\; of \;software + Cost \;of\; laptop\\\\Cost \; price = 2600 + 26000[/tex]
Cost price = Rs. 28600
[tex]Profit = Selling \; price - Cost \; price\\\\Profit = 34000 - 28600[/tex]
Profit = Rs 5400
Next, we would solve for the percentage gain (profit) by using the mathematical expression;
[tex]Percent \;profit = \frac{Profit}{Cost\; profit}[/tex] × [tex]100[/tex]
[tex]Percent \;profit = \frac{5400}{28600}[/tex] × [tex]100[/tex]
[tex]Percent \;profit = 0.189[/tex] × [tex]100[/tex]
Percent profit = 18.9 %
Therefore, Joseph's percentage gain (profit) is 18.9 %.
Read more: https://brainly.com/question/16068904?referrer=searchResults
