Question

A man bought a bicycle for * 1200. He
sold it for 1500. Find the profit
per cent.
IJNV 2012]
(1) 30 (2) 20 (3) 25 /4/28
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Answer 1

Solution :

Cost price of the cycle =Rs 1200

Selling price of the cycle =Rs 1500

SP>CP⇒ There is a gain

⇒ Gain =SP -CP =1500 -1200 =Rs 300

∴ Gain Percentage =Gain CP(100)%=3001200(100)%=25%

∴ the shopkeeper maker s profit of 25%

Answer 2

Answer:

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Explanation:

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