Question

A shopkeeper buys pencil at 10 for ₹10 and sells them at 8 for ₹10 find the gain percent.

Answer 1

c.p of 1 pencil = 10/10 = 1 rs

s.p of 1 pencil = 10÷8= 1.25 rs

so gain = 1.25- 1 = 0.25 rs

gain % = gain/ cp × 100

= .25/1× 100

=25 %