Question

A shopkeeper bought a chair for Rs. 400 and sold it for Rs. 580. Find the gain percentage. step by step explanation will mark brilliant

Answer 1

Answer:

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Step-by-step explanation:

CP = 400

SP = 580

since SP>CP ∴ its profit

Profit=SP-CP = 580-400 = 180

Profit % = Profit × 100 / CP

Profit % = 180 × 100 / 400

Profit % = 45%

Answer 2

Answer:

45%

Step-by-step explanation:

C.P=400

S.P=580

Gain=S.P-C.P

=580-400

=180

Gain%=(Gain/C.P)*100

=(180/400)*100

=45%