Question

A shopkeeper bought a chair for rupees 375 and sold it for rupees 400.Find the gain percentage.

Answer 1

total profit= 400-375=25
gain percent= (total profit x 100)/cost price
= (25 x 100)/ 375
= 6.667%

Answer 2

$\huge \sf Given :$

• CP of chair = Rs 375
• SP of chair = Rs 400

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$\huge \sf To \: Find :$

• Gain Percent

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$\huge \sf Solution :$

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 :

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

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

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

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

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

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