Question

A shopkeeper bought a suitcase for 480 rupees and sold it for 540 rupees find his gain percentage

Answer 1

gain= 540-480=60

gain percentage= 60×100/480= 12.5℅

Answer 2

profit=SP-CP
=540-480
=60
gain%=(100×profit)/CP
=(100×60)/480
=6000/480
=12•5%.