A student buys a pen for Rs 90 and sells it for Rs 100. Find his gain and gain percent of 10th class
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11.12 %
Given:
The Price The Student Bought The Pen For (Cost Price) = Rs. 90
The Price The Student Sold The Pen For (Selling Price) = Rs. 100
To Find:
The Gain Percent.
Calculating:
The Formula Used To Find The Gain:
= Selling Price - Cost Price
Substituting all the values known to us in this formula we get:
= 100 - 90
= Rs. 10
Therefore, the gain the student makes is 10 Rupees.
Formula that is used to calculate gain percentage:
Gain Percentage = Gain / Cost Price x 100
Substituting all the values which are known to us in this formula we get:
= 10 / 90 x 100
= 1/9 x 100
= 100/9
= 11.12 %
Therefore, the Gain Percentage that the student makes is 11.12 %.
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Answer:
11.12% is the write answer
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