Let the cost price be x. Then,
selling price = $$1\frac{1}{3}x$$
= $$\frac{4}{3}x$$
Gain = Selling Price - Cost Price
= ₹($$\frac{4}{3}x$$ - x)
= ₹$$\frac{4x -3x}{3}$$
= ₹$$\frac{x}{3}$$
Gain % =$$\frac{gain}{cp}\times 100$$
=$$\frac{\frac{x}{3}{x}\times 100$$
= ₹$$\frac{100}{3}%$$
= $$33\frac{1}{3}$$%
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