Question

A shopkeeper bought a chair for rs 1440 and sold it for Rs 1620.Find his gain or Loss percent

Answer 1

Answer:

200

Explanation:

Profit=SP-CP

=1620-1440

=200

So,200is the answer

Answer 2

Answer:

12.5%

Step-by-step explanation:

Cost price (CP) = Rs 1440

Sold Price (SP) = Rs 1620

To find gain,

SP - CP  = 1620 - 1440

Gain = Rs 180

To find gain percent,

⇒ (180/1440) × 100

⇒ 25/2

⇒ 12.5%

That's it.

Hope it helps you.