Question

A man bought a bike for 56 naira and sold it for 94 naira. The gain percent is what

Answer 1

Step-by-step explanation:

GIVEN DATA:

Bike bought at prize = 56 naira

Bike sold at prize = 94 naira

TO FIND:

gain percent = ?

SOLUTION:

gain percent = sold prize - bought prize

= 94 - 56

= 38 naira

Therefore, the net profit or gain percent is 38 naira.