Question

A shopkeeper bought ice cream at the rate of 5 for rupees 100. He had to sell them at the rate of 4 for rupees 100. Find his loss or gain percent.​

Answer 1

Answer:

GAIN = 25%

Step-by-step explanation:

C.P OF 5 ICE CREAM = 100

C.P OF 1 ICE CREAM = 100/5 OR Rs. 20

S.P OF 4 ICE CREAM = 100

S.P OF 1 ICE CREAM = 100/4 OR Rs. 25

SINCE S.P IS MORE THAN C.P, there is gain

GAIN = S.P - C.P

= 25 -. 20

= 5

GAIN% = GAIN/C.P × 100

= 5/20 × 100

= 25%

HOPE THIS IS HELPFUL!!