Question

A shopkeeper bought a chair for $375
and sold it for $400. Find the gain percentage

Answer 1

Step-by-step explanation:

cost of chair =375

sold it for =400

400-375=25

25/100*100=25%

Answer 2

$\huge \sf Given :$

CP of chair = $ 375

SP of chair = $ 400

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$\huge \sf To \: Find :$

Gain Percent

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$\huge \sf Solution :$

To find Gain percentage, we have to find Gain.

We know that,

Gain = SP - CP

$\sf :\implies Gain=400-375$

$\sf :\implies Gain= \ \: 25$

Now for Gain percentage, we have :

$\sf{Gain\:Percentage =\dfrac{Gain}{CP} \times 100 }$

$\sf{ :\implies Gain\:Percentage =\dfrac{25}{375} \times 100 }$

$\sf{ :\implies Gain\:Percentage = 0.066... \times 100 }$

$\sf{ :\implies Gain\:Percentage = 6.666...}$

$\sf{ :\implies Gain\:Percentage = 6.7 \% \: (approx.)}$

$\sf \color{fuchsia} \therefore \: Gain \: percentage = 6.7 \% \: (approx.)$