1. Find the gain % or loss %: (1) If a chair costs Rs. 375 and sold it for Rs. 400. (ii) A radio was bought for Rs. 1000 and sold for Rs. 800.
Answers
Answer:
Rs. 375 and sold it for Rs. 400. (ii) A radio was bought for Rs. 1000 and sold for Rs. 800.
Answer:
hey
Step-by-step explanation:
The Gain % is 6.66 % (Approx).
Step-by-step explanation:
Given :
Bought the chair for = Rs. 375
Sold the chair for = Rs. 400
To find :
The gain percentage
Solution :
Selling Price = Rs. 400
Cost Price = Rs. 375
Selling price > Cost price
\therefore∴ It is a Gain
✯ \textsf{\underline{\underline{Gain - }}}
Gain -
\boxed{\sf{Gain = Selling\: Price-Cost\: Price}}
Gain=SellingPrice−CostPrice
\begin{gathered}\sf{\implies} \: 400 - 375 \\ \\ \sf{\implies} \:25\end{gathered}
⟹400−375
⟹25
Gain = Rs. 25
\rule{300}{1.5}
✯ \textsf{\underline{\underline{Gain \% - }}}
Gain % -
{\boxed{\sf\:{Profit\% = \frac{Gain}{CP} \times 100}}}
Profit%=
CP
Gain
×100
\begin{gathered}\sf{\implies} \: Gain\% = \dfrac{25}{375} \times 100 \\ \\ \sf{\implies} \: Gain\% = \dfrac{1}{15} \times 100 \\ \\ \sf{\implies} \: Gain\% = 6.66\% \: (approx)\end{gathered}
⟹Gain%=
375
25
×100
⟹Gain%=
15
1
×100
⟹Gain%=6.66%(approx)
Gain % = 6.66 % (Approx)
\therefore∴ The Gain % is 6.66 % (Approx).