Question

A shopkeeper bought a suitcase for rs.480 and sold it for rs.540.find his gain percentage? With calculation?

Answer 1

Gain percent=profit/cost price ×100

=60/480×100

=12.5%

Answer 2

given real price = 480

sold price= 540

now gain = 540-480=60

gain percentage= 60×100/480=12.5℅

hope it help you