a shopkeeper bought a chair for 425 and sold it for 475 find gain percentage
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Answered by
24
Profit =SP - CP
=475-425
=50 Rupees
Gain% = profit/SP × 100
= 50/475 ×100
=10.52%
=475-425
=50 Rupees
Gain% = profit/SP × 100
= 50/475 ×100
=10.52%
ananya801:
your formula is wrong. ...gain percentage = gain/ cost price ×100
Answered by
9
cost price = 425
selling price =475
gain= selling price -cost price
= 50
gain percentage = gain/ cost price ×100
= 50/425×100
= 0.1111111...× 100
= 11.12 approximately
selling price =475
gain= selling price -cost price
= 50
gain percentage = gain/ cost price ×100
= 50/425×100
= 0.1111111...× 100
= 11.12 approximately
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