• A shop keeper bought
a chair for 425
and sold it for 475 Find the gain to
percentage
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Answer:
A shopkeeper bought a chair in Rs.375.
So, C.P=Rs.375
And he sold a chair in Rs.400
So, S.P=Rs.400
We know that
Gain(%)= S.P - C.P / C.P × 100
Gain(%) = 400 - 375 / 375 × 100
Gain(%) = 25/375 × 100
Gain(%) = 6.667%
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