Question

a shopkeeper bought a suitcase for rs 480 and sold for rs 540 find his gain percent

Answer 1

Answer:-

Given, Cost price (CP) = Rs 480

Selling price (SP) = Rs 540

Gain = SP - CP

Gain = 540 - 480

Gain = Rs 60

Gain % = Gain/SP * 100

Gain % = 60/540 * 100

Gain % = 100/9

Gain % = 11.11%

Answer 2

Step-by-step explanation:

Answer:-

Given, Cost price (CP) = Rs 480

Selling price (SP) = Rs 540

Gain = SP - CP

Gain = 540 - 480

Gain = Rs 60

Gain % = Gain/SP * 100

Gain % = 60/540 * 100

Gain % = 100/9

Gain % = 11.11%