Question

A shopkeeper bought a chair for rupees 375 and sold it for rupees 400 find the gain percentage​

Answer 1

Answer:

CP of the chair =Rs. 375

SP of the chair =Rs. 400

SP is bigger than CP

Profit = SP - CP

= Rs. 400 -Rs. 375

= Rs. 25

Gain percent = Gain divided by CP multiplied by 100 percent

= Rs. 6.66percent.

Answer 2

Answer:

The Gain % is 6.66 % (Approx).

Step-by-step explanation:

Given :

Bought the chair for = Rs. 375

Sold the chair for = Rs. 400

To find :

The gain percentage

Solution :

Selling Price = Rs. 400

Cost Price = Rs. 375

Selling price > Cost price

$\therefore$ It is a Gain

✯ $\textsf{\underline{\underline{Gain - }}}$

$\boxed{\sf{Gain = Selling\: Price-Cost\: Price}}$

$\sf{\implies} \: 400 - 375 \\ \\ \sf{\implies} \:25$

Gain = Rs. 25

$\rule{300}{1.5}$

✯ $\textsf{\underline{\underline{Gain \% - }}}$

${\boxed{\sf\:{Profit\% = \frac{Gain}{CP} \times 100}}}$

$\sf{\implies} \: Gain\% = \dfrac{25}{375} \times 100 \\ \\ \sf{\implies} \: Gain\% = \dfrac{1}{15} \times 100 \\ \\ \sf{\implies} \: Gain\% = 6.66\% \: (approx)$

Gain % = 6.66 % (Approx)

$\therefore$ The Gain % is 6.66 % (Approx).