A shopkeeper buys an article at 8 for ₹16 and sells them at ₹20. What is his gain or loss percent ?
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Hi dear
, here's your answer.
Cost price=Rs.16
Selling Price=Rs.20
So, Gain =20-16=Rs.4
Gain percentage=(Gain / Cost price )×100
= (4/16)×100
=25%
So,the gain percent is 25%.
Hope it helps.
Thanks.
MARK IT AS BRAINLIEST PLZ.
, here's your answer.
Cost price=Rs.16
Selling Price=Rs.20
So, Gain =20-16=Rs.4
Gain percentage=(Gain / Cost price )×100
= (4/16)×100
=25%
So,the gain percent is 25%.
Hope it helps.
Thanks.
MARK IT AS BRAINLIEST PLZ.
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