Question

A cycle was brought for 800 and sold for 940. Find the gain or less percent on the cycle.
​

Answer 1

$\huge\underline{\bf \orange{AηsωeR :}}$

=> 940 -800

=> ₹140

=> 140/100

=> 40% Ans.

Answer 2

Step-by-step explanation:

CP of cycle = rs.800

SP of cycle = rs.940

CP < SP = Profit

profit = SP - CP

= rs.940 - rs.840

= rs.140

$profit\% = \frac{profit}{cp} \times 100 \\ = \frac{35}{2} = 17.5\%$