Question

A tricycle was purchased for Rs 1120and sold for Rs1260.Find the gain and gain per cent

Answer 1

(1260-1120)/1120×100=140/1120×100=12.5 % will be the answer

Answer 2

very simple question

Profit = Sp-Cp
=1260-1120
=140

Profit %= profit
------- ×100
cp

= 140
------ ×100 (see the pic )
1120

=25
------
2

=12.5%

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