Question

a shopkeeper bought a chair for Rs 375 and sold it for Rs 400 . Find the gain percentage it is from 7th maths text book

Answer 1

gain incurred =s.p.-c.p.
                      =400-375
                      =25
gain%=gain/c.p.*100
          =25/375*100
          = 6.67%

Answer 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

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

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

Now for Gain percentage, we have :

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

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

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

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

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

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