A shopkeeper bought a chair for RS 375 and sold it for Rs 400 find the grain percent
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We know that,
Profit Percentage = (SP-CP/SP)×100
= (400-375/400)×100
= (25/400)×100
= 6.25
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Answered by
2
Given :
- CP of chair= Rs 375
- SP of chair =Rs 400
To Find :
- Gain Percent
Solution :
To find Gain percentage, we have to find Gain.
We know that,
Gain = SP - CP
Now for Gain percentage, we have :
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