Question

A man bought a bicycle at Rs. 2300. He express Rs. 300 for transportation and gain Rs. 260

find gain % ​

Answer 1

Given :

• Bought a Bicycle = Rs. 2300

• Transportation = Rs. 300

• Gain = Rs. 260

To find :

• Gain %

According to the question :

⟹ Cost price = Rs. 2300

⟹ Transportation = Rs. 300

⟹ Total Cost price = ₹ 2300 + 300

⟹ ₹ 2600

Gain Percentage Formula :

➳ Gain / Cost price × 100

Applying Formula with Values :

➳ Gain / Cost price × 100

⟹ 260 / 2600 × 100

⟹ 10 %

So, It's Done !!

Answer 2

Given data :-

• A man bought a bicycle at Rs 2300.
• He express Rs. 300 for transportation.
• He/his gain/profit is Rs 260

Solution :-

→ cost price = C.P

→ selling price = S.P

→ Total cost = T.C

→ profit percenctage = Profit %

Here,

→ C.P = Rs 2300

→ Profit = Rs 260

→ Transportation cost = Rs 300

→ Total cost = C.P with transportation cost

→ Total cost = Rs {2300 + 300}

→ Total cost ( T.C ) = Rs 2600

We use formula to find profit %.

→ Profit % = { Profit × 100}/T.C

→ Profit % = { 260 × 100}/2600

→ Profit % = 26000/2600

→ Profit % = 10 %

Hence, man gain 10% profit on bicycle.