Question

7. A man buys a book for Rs.29.50 and sells it for Rs 31.10. Find his gain percent
06.1%
0 5.4%
O 3.8%​

Answer 1

Answer:

5.4 %

Step-by-step explanation:

Cost price = Rs.29.50

Selling price = Rs.31.10

Gain = Rs.(31.10-29.50) = Rs.1.60

Gain % = 1.6/29.5 × 100 = 5.4%

Answer 2

The answer is 5.4%.

Step-by-step explanation:

• Cost Price(CP) of the book bought by the man $= Rs 29.50$

• The price in which he sold the book (Selling price, SP) $= Rs 31.10$

• To find the gain percent, first, we need to calculate gain.
• Gain is the difference between the selling price and the cost price.

Gain = SP - CP  $= 31.10 - 29.50$ $= Rs 1.60$

• Thus, Gain percent can be determined by dividing the gain obtained by the cost price and multiplying the result by 100.

Gain percent $= \frac{Gain}{CP}\times 100$ $= \frac{1.60}{29.50} \times 100$ $= 5.4 %$%