1. A person buys a book for 200 and sells
it for 225. What will be his gain per
cent?
(a) 13%
(b) 14%
(c) 18.4%
(d) 12.5%
Answers
Answer :-
- The profit percentage of the book is 12.5%.
[ Option. (d) ] is correct.
Step-by-step explanation:
To Find :-
- The gain percentage of the book
Solution:
Given that,
- Cost price of a book = Rs. 200
- Selling price of the book = Rs. 225
Therefore, The profit :-
As we know that,
Profit = S.P. - C.P.
Where,
- S.P. = Selling price
- C.P. = Cost Price
=> Profit = ( S.P. - C.P. )
=> Rs. 225 - Rs. 200
=> Rs. ( 225 - 200 )
=> Rs. 25
Now, The profit percentage is,
As we know that,
Profit percentage = { Profit/Cost Price} × 100,
=> { 25/200 } × 100
Cancelling the common zeros of 200 and 100
=> 25/2
=> 12.5
Hence,
- The profit percentage of the book is 12.5%.
Know more :-
Some more information related to profit and loss :-
- Profit = Selling price - Cost Price
- Loss = Cost Price - Selling price
- Profit percentage = { Profit/Cost Price } × 100
- Loss percentage = { Loss/Cost Price } × 100.
- Cost price of book = 200
- Selling price of book = 225
- Gain percent
To find Gain percentage first we should know value of Gain
So first let's find Gain
we know:
By using using this formula we can find value of Gain
Now Let's find Gain
we know:
By using this formula we can find value Gain percent
know more
▪︎Loss = C.P - S.P
▪︎Profit = S.P - C.P
▪︎ Profit % = (Profit/C.P) × 100
▪︎ Loss % = (Loss/C.P) × 100
▪︎ S.P = [(100 + P%)÷100]×100
▪︎ Profit = (P% ×C.P)÷100