Question

A man buys a bat for rs. 145 and sells it for 162.40. Find his gain percent

Answer 1

Given:

CP=145 Rs

SP=162.40 Rs

SP>CP, There is a gain

Gain= SP - CP

       = 162.40 - 145

       = 17.4 Rs

Gain%= Gain×100/CP

         =17.4×100/145

         = 12%

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Answer 2

Gain = 162.40-145 = 17.40

Gain percentage = gain/CP x 100

= 17.40/145 x 100 = 12%