Question

A shopkeeper sells a book for rs 100 gaining rs 20 his gain present is ?

Answer 1

Hello Mate!

Selling Price = Rs 100

Gain = Rs 20

Profit = Selling Price - Cost Price

CP = SP - Profit

CP = Rs 100 - Rs 20

= Rs 80

Profit % = Profit / CP × 100
= 20/80 × 100
= 25%

Hope it helps☺!