A cycle is bought for ruppes 4000 and sold for rupees 4800 find the gain? gain percent?
Answers
Answered by
23
- Cost Price of cycle = ₹4000
- Selling Price of cycle = ₹4800
⠀
As, we can see Selling Price of cycle is greater than it's Cost Price, i.e. 4800 > 4000, So Profit is made.
⠀
|Here, we are finding gain|
Gain = ₹800
⠀
|Now finding gain%|
We know that,
Substitute the values,
Gain %= 20%
Answered by
6
Cost Price of cycle = ₹4000
Selling Price of cycle = ₹4800
⠀
As, we can see Selling Price of cycle is greater than it's Cost Price, i.e. 4800 > 4000, So Profit is made.
⠀
|Here, we are finding gain|
Gain = ₹800
⠀
|Now finding gain%|
We know that,
Substitute the values,
Gain %= 20%
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