Question

A shopkeeper bought a suitcase for 480 and sell 540 find gain percent

Answer 1

gain = SP-CP
=540-480
=60
gain% = gain /CP× 100
=60/480 ×100
=12.5%
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Answer 2

Answer:

Gain percent is 12.5%

Step-by-step explanation:

It is given that,

C.P of the suitcase  = Rs 480

S.P of the suitcase = Rs 540

Use formula,

Gain = S.P-C.P

Gain received by shopkeeper  = 540-480

        = Rs 60

To find the gain percent

Gain% = Gain /C.P× 100

          =  60/480 ×100

          =  12.5%

Hence the gain percent is 12.5%