Question

A person sells an article for ₹550 , gaining ₹50 of its c.p . Find gain%

Answer 1

Answer:

Gain % is 10 % )n selling of an article for Rs.550 whose C.P is Rs. 500

Step-by-step explanation:

S.P of an article = Rs. 550

Profit  on the article = Rs. 50

As we know that,

C.P = S.P - Profit

       = Rs, 550 - 50 = RS. 500

Gain % = (profit / C.P ) × 100

            = ( 50 / 500 ) × 100

            = ( 50 × 100 ) / 500

            =   (5000 /500) = 10 %

Answer 2

Gain% = (Profit/CP)*100

Gain% = (50/500)*100

Gain% = 10%