a retailer buys a toy car for 225 rupees and pays 25 rupees for others
expenses. If he sells it for 380 rupees, determine his gain or loss percent?
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c.p = 225
others expenses = 25
total.c.p. = 250
s.p. = 380
s.p. is greater than c.p
therefore , gain
gain = s.p.-c.p.
gain = 380-250
=130
g%=g/c.p.*100
g% = 130/250*100
g%=52%
g% =
others expenses = 25
total.c.p. = 250
s.p. = 380
s.p. is greater than c.p
therefore , gain
gain = s.p.-c.p.
gain = 380-250
=130
g%=g/c.p.*100
g% = 130/250*100
g%=52%
g% =
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