Question

A shopkeeper bought a chair for rs 375 and sold it for rs 400 find its gain percentage

Answer 1

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cost price of chair = Rs 375

selling price of chair =Rs 400
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gain = selling price - cost price

gain = 400 - 375 = Rs 25

gain % = gain /cost price × 100

= 25 / 375 × 100 = 6.66

therefore , gain = 6.66 %

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Your Answer : gain = 6.66%
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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 :

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

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

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

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

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

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