Question

A student buys a pen for ₹180 and sells it for ₹200. Find his gain and gain percent. ​

Answer 1

CP = ₹ 180, SP = ₹ 200

CP ≤ SP

Gain = SP - CP

= ₹ (200-180)

= ₹ 20

Gain% = (Gain×100)/CP

= 20×100/180

= 11.11%