Question

A shopkeeper bought a chair for ₹375 and sold it for ₹ 400. The shopkeeper’s gain is……………​

Answer 1

Answer:

Profit is Rs. 25

Profit % = Profit / CP × 100%

= 25 / 375 × 100%

= (100/15)%

Answer 2

Answer:

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Step-by-step explanation:

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(%)=

C.P

S.P−C.P

×100

Gain(%)=

375

400−375

×100

Gain(%)=

375

25

×100

Gain(%)=6.667%

Hence, this is the answer.

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