A man buys a book for Rs 80 and sells it for rs 100. His gain% is
20%
25%
120%
125%
Answers
Answered by
0
Answer:
25%
Step-by-step explanation:
Cost price of book =Rs.80
Selling price of book =Rs.100
Since (SP)>(CP), so there is a gain
Gain =(SP)−(CP)
=Rs.(100−80)
=Rs.20
Gain %={(gain/CP)×100}
={20/80)×100}
={20/20)×25}
=25%
Answered by
3
Gain Percent = 25%
Step-by-step explanation:
GIVEN
Cost Price = ₹80
Selling Price = ₹100
___________________________
TO FIND
Gain Percent
___________________________
We know that,
Profit = Selling Price - Cost Price
Profit = 100 - 80
Profit = 20
Profit = ₹20
___________________________
We know that,
Profit Percent = ( Profit × 100 ) / Cost Price
Profit Percent = ( 20 × 100 ) / 80
Profit Percent = 200 / 80
Profit Percent = 25
Profit Percent = 25%
Gain Percent = 25%
___________________________
IMPORTANT
If the profit percent is given and we have to find the selling price
Then
Selling Price = ( 100 + Profit% ) × Cost Price / 100
If the loss percent is given and we have to find the selling price
Then
Selling Price = ( 100 - Loss% ) × Cost Price / 100
When selling price and loss percent is give and we have to find the cost price
Then
Cost Price = ( Selling Price × 100 ) / ( 100 - Loss Percent )
When selling price and profit percent is give and we have to find the cost price
Then
Cost Price = ( Selling Price × 100 ) / ( 100 + Profit Percent )
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