Question

Afootball is bought for Rs. 125 and sold for Rs. 185. The gain % is

a) 12½% b) 48% c) 50% d) 16%☆
​

Answer 1

Cost Price of Football = ₹ 125

Selling Price of Football = ₹ 185

As, SP > CP = PROFIT

Profit = SP - CP

= 185 - 125

= ₹ 60

$p\% \: = \frac{profit}{cp} \times 100$

$= \frac{60}{125} \times 100 \\ \\ = \frac{60}{5} \times 4 \\ \\ = 12 \times 4 \\ = 48\%$

Profit % = 48%

Option (b) is CORRECT

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