Question

A man purchased a bycycle for 900 and sold it for 1080 .find his gain per cent​

Answer 1

Answer:

20 %

Step-by-step explanation:

If a cycle is bought for Rs 900 and sold for Rs 1080, what is the percentage profit?

The amount for which the cycle is bought is cost price (C.P)

The amount for which the cycle is sold is selling price (S.P)

Therefore the Formula for calculating profit in % is

Profit in % =[ (S.P-C.P)/C.P ] x 100

= [ (1080–900)/900 ] x 100

=[ (180)/900 ] x 100

= [ 0.20 ] x 100

=20%

Answer is 20%

Answer 2

Answer:

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