a person by article of rupees 16000 sale the same for 25000 less 20% discount find his gain percentage
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Answer:
Gain percentage = 25%
Step-by-step explanation:
Cost price of the article is 16,000
Selling price of the article is 25,000
discount = 20%
=20/100×25,000
=5,000
So, 25,000-5,000
Selling price = 20,000
Gain= Selling Price- Cost price
= 20,000-16,000
= 4,000
Gain%= Gain/ Cost Price ×100
= 4,000/16,000×100
= 25%
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