Question

A man buys a bat for rs145 and sells it for rs162.40. find his gain percent

Answer 1

profit%=profit/cp×100
=162.40-145/145×100
=17.40×100/145
=12%

Answer 2

Cost price= Rs. 145
Selling price= Rs. 162.40.

Gain= Selling price-Cost price

=162.40-145
=17.40

Gain percent= Gain/Cost price×100

=17.40/145×100

=1740/145

=12%

Answer: The man's gain percent is 12%.

Hope it helps! :)