Question

A person buys a book for Rs. 200 and sells it for Rs. 250 . What will be his gain percent?

Answer 1

Answer:

Given that. CP = Rs.200 and SP = Rs.225

Profit =SP - CP =225 - 200 = Rs.25

Therefore, Gain % =

Profit

CP

×100%

25

200

×100%=12.5%

Answer 2

Answer:

25%

Step-by-step explanation:

Given that, CP = Rs.200 and SP = Rs.250

Profit = SP - CP = 250 - 200 = Rs. 50

Gain % = profit

---------- × 100

CP

= 50×100/20 = 25%